Economics, Econometrics and Finance
8 years ago

New CPI Method Could Impact Cost-of-Living Adjustments for All.

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The Chained Consumer Price Index: What Is It and Would It Be Appropriate for Cost-of-Living Adjustments?
Julie M. Whittaker

Paper Summary

The report explains how the Chained Consumer Price Index for all Urban Consumers (C-CPI-U) is different from the standard Consumer Price Index (CPI) and how it is calculated by the U.S. Bureau of Labor Statistics. It also discusses why transitioning to the C-CPI-U may be challenging.

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