A practical introduction to index numbers / Jeff Ralph, Rob O'Neill, Joe Winton.

"This book offers an introduction to the subject of index numbers for statisticians, economists and numerate members of the public"-- Provided by publisher.

Includes bibliographical references and index.

Description based on print version record and CIP data provided by publisher.

Title Page; Copyright; Table of Contents; Preface; Organisation of the book; Additional material available online; Suggested routes through the book; Acknowledgements; Chapter 1: Introduction; 1.1 What is an index number?; 1.2 Example -- the Consumer Prices Index; 1.3 Example -- FTSE 100; 1.4 Example -- Multidimensional Poverty Index; 1.5 Example -- Gender Inequality Index; 1.6 Representing the world with index numbers; 1.7 Chapter summary; References; Chapter 2: Index numbers and change; 2.1 Calculating an index series from a data series; 2.2 Calculating percentage change

2.3 Comparing data series with index numbers2.4 Converting from an index series to a data series; 2.5 Chapter summary; Exercise A; Chapter 3: Measuring inflation; 3.1 What is inflation?; 3.2 What are inflation measures used for and why are they important?; 3.3 Chapter summary; References; Exercise B; Chapter 4: Introducing price and quantity; 4.1 Measuring price change; 4.2 Simple, un-weighted indices for price change; 4.3 Price, quantity and value; 4.4 Example -- Retail Sales Index; 4.5 Chapter summary; Exercise C; Chapter 5: Laspeyres and Paasche indices; 5.1 The Laspeyres price index

5.2 The Paasche price index5.3 Laspeyres and Paasche quantity indices; 5.4 Laspeyres and Paasche: mind your Ps and Qs; 5.5 Laspeyres, Paasche and the Index Number Problem; 5.6 Laspeyres or Paasche?; 5.7 A more practical alternative to a Laspeyres price index?; 5.8 Chapter summary; References; Exercise D; Chapter 6: Domains and aggregation; 6.1 Defining domains; 6.2 Indices for domains; 6.3 Aggregating domains; 6.4 More complex aggregation structures; 6.5 A note on aggregation structures in practice; 6.6 Non-consistency in aggregation; 6.7 Chapter summary; Exercise E

Chapter 7: Linking and chain-linking7.1 Linking; 7.2 Re-basing; 7.3 Chain-linking; 7.4 Chapter summary; Exercise F; Chapter 8: Constructing the consumer prices index; 8.1 Specifying the index; 8.2 The basket; 8.3 Locations and outlets; 8.4 Price collection; 8.5 Weighting; 8.6 Aggregation structure; 8.7 Elementary aggregates; 8.8 Linking; 8.9 Owner occupier housing; 8.10 Publication; 8.11 Special procedures; 8.12 Chapter summary; References; Exercise G; Chapter 9: Re-referencing a series; 9.1 Effective comparisons with index numbers; 9.2 Changing the index reference period

9.3 Why re-reference?9.4 Re-basing; 9.5 Chapter summary; References; Exercise H; Chapter 10: Deflation; 10.1 Value at constant price; 10.2 Volume measures in the national accounts; 10.3 Chapter summary; Exercise I; Chapter 11: Price and quantity index numbers in practice; 11.1 A big picture view of price indices; 11.2 The harmonised index of consumer prices; 11.3 UK measures of consumer price inflation; 11.4 PPI and SPPI; 11.5 PPPs and international comparison; 11.6 Quantity indices; 11.7 Gross domestic product; 11.8 Index of Production; 11.9 Index of services; 11.10 Retail sales index