Paasche index

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf Consumer Price Index
gptkbp:category index number
gptkbp:contrastsWith gptkb:Laspeyres_index
gptkbp:form (sum of current prices × current quantities) / (sum of base prices × current quantities) × 100
https://www.w3.org/2000/01/rdf-schema#label Paasche index
gptkbp:introducedIn 1874
gptkbp:namedAfter gptkb:Hermann_Paasche
gptkbp:purpose measures price changes over time
gptkbp:relatedTo gptkb:Fisher_index
gptkb:Laspeyres_index
Consumer Price Index
gptkbp:usedIn economics
statistics
gptkbp:uses current period quantities as weights
gptkbp:bfsParent gptkb:Fisher's_ideal_index
gptkb:Laspeyres_index
gptkbp:bfsLayer 6