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Persistent link: https://www.econbiz.de/10005737514
This paper examines the appropriate treatment in the cost-of-living index of the appearance of new varieties of old goods. Existing theory here applies to individual households. Thus, the authors first show in what sense Laspeyres and Paasche indices for groups of households can be considered...
Persistent link: https://www.econbiz.de/10005815057