At What Price?: Conceptualizing and Measuring Cost-Of-Liv...
National Research Council / Division of Behavioral and Social Scienc / Committee On National Statistics How well does the consumer price index (CPI) reflect the changes that people actually face in living costs?from apples to computers to health care? Given how it is used, is it desirable to construct the CPI as a cost-of-living index (COLI)? With what level of accuracy is it possible to construct a single index that represents changes in the living costs of the nation's diverse population? At What Price? examines the foundations for consumer pr...