The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common but unrealistic assumptions of homotheticity, or...

The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common but unrealistic assumptions of homotheticity, or...

The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common but unrealistic assumptions of homotheticity, or...

The international movement to convert the real (deflated) components of the NIPAs to chain indexes, in order to assure timeliness, has introduced grave inconsistencies. Most importantly, the components no longer add up to the totals. The U.S. accounts which employ a Fisher chain have additional...

The international movement to convert the real (deflated) components of the NIPAs to chain indexes, in order to assure timeliness, has introduced grave inconsistencies. Most importantly, the components no longer add up to the totals. The U.S. accounts which employ a Fisher chain have additional...

The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common but unrealistic assumptions of homotheticity, or...