This paper presents in a concise form the main indicators of merchandise balance, prices, costs and economic efficiency …

's perception of relative prices. Implicit in this hypothesis is the assumption that there is a lag in the public's perception of …

falling prices really that bad? According to the Austrian School of Economics, this is not necessarily the case. A distinction … the first three kinds, falling prices are regarded as benign free market responses to changing circumstance, whether these … the Japanese economy of 1990-2001 is revisited. While consumer prices fell in 1995 and 1999-2001, if other prices are …

prices are constructed for housing <p> expenditure and for services. Weights for these parts of household budgets and the <p …> residual are found from panel surveys of household consumption. Relative prices of <p> the consumption bundle for each year in …> entrepreneurs, employees and workers are constructed. Combining data on incomes <p> and on relative prices gives estimates of real …