Statements (17)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Consumer Price Index
|
gptkbp:category |
economics
statistics |
gptkbp:contrastsWith |
gptkb:Paasche_index
|
gptkbp:firstPublished |
1871
|
gptkbp:form |
weighted arithmetic mean of price relatives
|
https://www.w3.org/2000/01/rdf-schema#label |
Laspeyres index
|
gptkbp:limitation |
substitution bias
may overstate inflation |
gptkbp:namedAfter |
gptkb:Étienne_Laspeyres
|
gptkbp:usedFor |
measuring inflation
measuring price changes over time |
gptkbp:usedIn |
Consumer Price Index
producer price index |
gptkbp:weights |
base period quantities
|
gptkbp:bfsParent |
gptkb:Consumer_Price_Index
|
gptkbp:bfsLayer |
5
|