Is the ECI sensitive to the method of aggregation? an update (ABSTRACT), Monthly Labor Review Online, December 2002

Is the ECI sensitive to the method of aggregation? an update

Michael K. Lettau
Senior Research Economist, Office of Compensation and Working Conditions, Bureau of Labor Statistics, Washington, dc.

Mark A. Loewenstein
Senior Research Economist, Office of Compensation and Working Conditions, Bureau of Labor Statistics, Washington, dc.

Steve P. Paben
Mathematical Statistician, Office of Compensation and Working Conditions, Bureau of Labor Statistics, Washington, dc.

A previous Monthly Labor Review article by the first two authors indicated that the ECI is relatively insensitive to the choice of aggregation formula used in its construction; data from 1995 to 2002 show that this is still the case.

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Related BLS programs

Compensation Cost Trends

Is the ECI sensitive to the method of aggregation?—June 1997.
The Employment Cost Index: what is it?—Sept. 2001.

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