In my upcoming book on inflation, the focus is on consumer price indices, but there are other aggregate prices indices that are of interest. In this article, I discuss the GDP deflator. Note: This article is an unedited draft of a section in my planned book “What is Inflation?” As the title suggests, the book is meant to be introductory — what inflation is, and not theories about inflation. I hope that it will be fairly easy to finish off, and would be a shorter primer sold at a cheaper price. I was hoping to publish this last week, but events meant that I switched to a summer publishing schedule earlier than planned. (A family of skunks moved in under my shed, and so I had to do some landscaping work to critter proof it. I was forced to concentrate the work last week due to working around weather forecasts.) I hope to stick to at least one article per week, although if it heats up, I might hide inside with the air conditioning and write.
Primer: The GDP Deflator
Primer: The GDP Deflator
Primer: The GDP Deflator
In my upcoming book on inflation, the focus is on consumer price indices, but there are other aggregate prices indices that are of interest. In this article, I discuss the GDP deflator. Note: This article is an unedited draft of a section in my planned book “What is Inflation?” As the title suggests, the book is meant to be introductory — what inflation is, and not theories about inflation. I hope that it will be fairly easy to finish off, and would be a shorter primer sold at a cheaper price. I was hoping to publish this last week, but events meant that I switched to a summer publishing schedule earlier than planned. (A family of skunks moved in under my shed, and so I had to do some landscaping work to critter proof it. I was forced to concentrate the work last week due to working around weather forecasts.) I hope to stick to at least one article per week, although if it heats up, I might hide inside with the air conditioning and write.