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However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The Boskin Report, "Final Report of the Advisory Commission to Study the Consumer Price Index" Gordon, Robert J. (June 2000). "The Boskin Commission Report and its Aftermath". NBER Working Paper No. 7759. doi: 10.3386/w7759. "Commercial Knowledge On Innovation Economics, A Report". As quality change is a required component of innovation ...
In 1996, the Advisory Committee to Study the Consumer Price Index (the Boskin Commission) estimated that in 1996 CPI-W (used to adjust Social Security) over-estimated inflation 1.1 percent. The BLS responded by making changes to the CPI-U and CPI-W, which included an adjustment to compensate for upper-level substitution bias , performed each ...
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Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
The yield on the 2-year Treasury note, highly sensitive to Fed policy expectations, was steady near 4.79% in that window until the full release at 8:30, when it dropped sharply on the lower-than ...
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