This chapter deals with time series analysis and indices, focusing on how data series evolve over time. It introduces key concepts of price indices (e.g. Laspeyres, Paasche, Fisher) to measure price changes and adjust for inflation. Quantity and value indices, which are essential for understanding economic trends and real growth, are also covered. Techniques for shifting bases and chaining indices to maintain continuity in long-term data series are explained. Practical exercises are provided to apply these concepts to real-world scenarios.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Time Series and Indices

  • Thomas Cleff

摘要

This chapter deals with time series analysis and indices, focusing on how data series evolve over time. It introduces key concepts of price indices (e.g. Laspeyres, Paasche, Fisher) to measure price changes and adjust for inflation. Quantity and value indices, which are essential for understanding economic trends and real growth, are also covered. Techniques for shifting bases and chaining indices to maintain continuity in long-term data series are explained. Practical exercises are provided to apply these concepts to real-world scenarios.