4 ms·
The numbers are manipulated by adjustments like substitutions and hedonics.
by silent_cal 4y ago
The numbers are manipulated by adjustments like substitutions and hedonics.
- oblio 4y ago1. Can you give some examples for both? 2. Is this different from previous years? 3. Isn't there any criticism from reputable sources of these practices? I'd love to read some articles.
- silent_cal 4y agohttps://www.investopedia.com/articles/07/consumerpriceindex.asp https://www.investopedia.com/articles/07/consumerpriceindex.... https://www.bls.gov/cpi/quality-adjustment/questions-and-answers.htm#:~:text=Hedonic%20quality%20adjustment%20refers%20to,introduction%20of%20completely%20new%20products https://www.bls.gov/cpi/quality-adjustment/questions-and-ans.... https://www.bls.gov/opub/btn/volume-1/consumer-price-index-data-quality-how-accurate-is-the-us-cpi.htm#:~:text=The%20CPI%20has%20been%20criticized,comes%20from%20the%20academic%20community https://www.bls.gov/opub/btn/volume-1/consumer-price-index-d....