An estimation of a price index that is immune to some of the weighting biases that can hinder the use of the Consumer Price Index as a reliable measure of inflation.

A reevaluation of the evidence of seasonality in prices, finding that seasonal price movements have become more prominent in the relatively stable inflation environment that has prevailed since 1982, and that the amount of seasonality differs greatly by item, making it difficult to generalize...

An analysis concluding that inflation measures based on median price changes are a better indicator than measures based on mean price changes.

Some of the items that make up the Consumer Price Index change prices frequently, while others are slow to change. We explore whether these two sets of prices - sticky and flexible - provide insight on different aspects of the inflation process. We find that sticky prices appear to incorporate...

An argument that lowering COLAs for Social Security benefits and adjusting the Consumer Price Index to better reflect the cost-of-living increases that result from inflation will alleviate two long-range problems: escalating federal budget deficits and exceedingly low national saving.

An investigation of the use of trimmed means as high-frequency estimators of inflation.