The paper considers the problem of choosing a multilateral system of index numbers in order to make aggregate price and … index number formula. The great variation in relative prices and quantities in the international context means that the … approach, the concept of a superlative bilateral index number formula (which can adequately model substitution effects) is …

Biomedical R&D Price Index (BRDPI) focused on input costs rose only 2.2-fold. Most of the disparity appears to be attributable to … agencies to develop a producer price index for this type of R&D activity, contributing to broader efforts to develop a deflator …

We describe a new index of the current and historical returns to venture-type capital. The conceptual basis for the … index is the value of a continuously reinvested value-weighted portfolio of all venture-backed and similar pre …-public companies. It provides a metric for private equity comparable to the Samp;P 500 for public equity. We build the index from …

standalone market indexes. Reclassifications from one index to another require thousands of investors to decide how to react. We … substantially overshoot between the announcement and effective dates—prices fall when a market moves from an index with more …