3 ms·
What is the notation the author uses for historical prices? The one with the year in lower index and some other number in upper index? I tried <your favourite s
by paweladamczuk 7y ago
What is the notation the author uses for historical prices? The one with the year in lower index and some other number in upper index? I tried <your favourite search engine>ing that but I don't know how it's called.
- aperiodic 7y agoI've never seen it before, but it appears to be inflation notation. It's a subscript on prices, so the year is the original year of the price, and the cost above it is the inflation-adjusted equivalent in present-day dollars.
- kranner 7y agoThe author has an article on it: https://www.gwern.net/Subscripts https://www.gwern.net/Subscripts
- GordonS 7y agoI had the same question - I've never seen currency values written like this before, but find it a very clear and interesting way to do it.
- gwern 7y agoThe automatic inflation-adjusting is unique but hopefully self-explanatory. See https://www.gwern.net/Inflation.hs https://www.gwern.net/Inflation.hs https://twitter.com/gwern/status/1029831368782635013 https://twitter.com/gwern/status/1029831368782635013