The Development of the Cost of Living Index: 1880 to 1946 View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2017

AUTHORS

Robert O’Neill , Jeff Ralph , Paul A. Smith

ABSTRACT

The need for a “standard of value” or “general level of prices” as a means of adjusting contracts and wages had been proposed by a number of commentators in the nineteenth century, as Chap. 3 described. However, it wasn’t until 1914 that this was achieved in the UK, and then, only in an imperfect form. This chapter describes the developments that took place to establish the data needed for an index of retail prices—household budget shares and the prices of goods and services. More... »

PAGES

91-130

References to SciGraph publications

Book

TITLE

Inflation

ISBN

978-3-319-64124-9
978-3-319-64125-6

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-64125-6_5

DOI

http://dx.doi.org/10.1007/978-3-319-64125-6_5

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1092595139


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