[Accessibility Information]
Welcome Current Issue Index How to Subscribe Archives
Monthly Labor Review Online

Related BLS programs | Related articles


December 1993, Vol. 116, No. 12

The commodity substitution effect in CPI data, 1982-91

Ana M. Aizcorbe
Economist, Federal Reserve Board

Patrick C. Jackman
Economist, Division of Price and Price Indexes, Bureau of Labor Statistics

Recent analysis of the substitution effects in CPI-like Laspeyres measures of price change indicate small differences across index number formulas. This article examines trends in the commodity substitution effect over a 10-year period.

ArrowRead excerpt   ArrowDownload full text in PDF (536K)

Related BLS programs
Consumer Price Index
Related Monthly Labor Review articles
Using survey data to assess bias in the Consumer Price Index. April 1998.
The 1998 CPI Revision. December 1996.
Changing the item structure in the Consumer Price Index.
New methodology for selecting outlet samples.
Overview of the 1998 revision of the Consumer Price Index.
Publication strategy for the 1998 revised Consumer Price Index.
Redesign of the CPI geographic sample, The.
Revision of the CPI housing sample and estimators.
Revision of the CPI hospital services component.
Anatomy of price change. A special issue. December 1993.
Basic components of the CPI: estimation of price changes.
Quality adjustment of price indexes.
The Consumer Price Index: underlying concepts and caveats.
New research on interarea consumer price differences. July 1991.

Within Monthly Labor Review Online:
Welcome | Current Issue | Index | Subscribe | Archives

Exit Monthly Labor Review Online:
BLS Home | Publications & Research Papers