The apples and oranges theorem for price indices
| Authors |
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| Publication date |
2009
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| Journal |
Economics Letters
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| Volume | Issue number |
103 | 1
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| Pages (from-to) |
12-14
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
The question is whether or not there is a generally meaningful way to compute price indices. I explore the duality between price and quantity indices, and present an impossibility result that is analogous to the one for quantity indices.
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| Document type |
Article
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| Published at |
https://doi.org/10.1016/j.econlet.2009.01.012
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