Inflation: History and Measurement
Inflation: History and Measurement
This book is an introduction to the history of – and current measurement practice of – inflation for the United Kingdom. The authors describe the historical development of inflation measures in a global context, and do so without using formal mathematical language and related jargon that relates only to a few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role inflation plays in real people’s lives – through pension uprating, train tickets, interest rates and the work of economists – few people understand how it is created. O’Neill, Ralph and Smith mix historical data with a description of practices inside the UK statistical system and abroad, which will aid understanding of how this important economic statistic is produced, and the important and controversial choices that statisticians have made over time.
O'Neill, Robert
85030795-4a84-420c-84fe-379dd3f94950
Ralph, Jeff
a2981516-897b-454c-88a3-fd14c4f75a11
Smith, Paul A.
a2548525-4f99-4baf-a4d0-2b216cce059c
22 November 2017
O'Neill, Robert
85030795-4a84-420c-84fe-379dd3f94950
Ralph, Jeff
a2981516-897b-454c-88a3-fd14c4f75a11
Smith, Paul A.
a2548525-4f99-4baf-a4d0-2b216cce059c
O'Neill, Robert, Ralph, Jeff and Smith, Paul A.
(2017)
Inflation: History and Measurement
,
Palgrave Macmillan Cham, 375pp.
Abstract
This book is an introduction to the history of – and current measurement practice of – inflation for the United Kingdom. The authors describe the historical development of inflation measures in a global context, and do so without using formal mathematical language and related jargon that relates only to a few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role inflation plays in real people’s lives – through pension uprating, train tickets, interest rates and the work of economists – few people understand how it is created. O’Neill, Ralph and Smith mix historical data with a description of practices inside the UK statistical system and abroad, which will aid understanding of how this important economic statistic is produced, and the important and controversial choices that statisticians have made over time.
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e-pub ahead of print date: 6 November 2017
Published date: 22 November 2017
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Local EPrints ID: 415689
URI: http://eprints.soton.ac.uk/id/eprint/415689
PURE UUID: a4981243-d9c3-4310-801a-cad7933a35af
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Date deposited: 20 Nov 2017 17:30
Last modified: 16 Mar 2024 04:19
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Author:
Robert O'Neill
Author:
Jeff Ralph
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