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A Political Economy of the Measurement of Inflation

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A Political Economy of the Measurement of Inflation

The case of France

Florence Jany-Catrice

Palgrave Macmillan
Publication date : 2021-01-12

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Inflation should no longer be a politically sensitive indicator. Indeed, since the early 1980s, macroeconomic policies have managed to contain it. Yet the consumer price index (CPI), which is the main indicator for measuring inflation, remains very frequently consulted by citizens, due to its multiple uses. The CPI is used for indexing wages, pensions, but also various contracts such as food pensions. It is also used by National Accounts to deflate macroeconomic values and to provide data in “real” terms. But how is this CPI measured? index? What reforms have happened to give shape to the XXIst century CPI?

This book presents the CPI based on the study of the controversies that have marked its history. Set in both the socio-economic and ideas contexts, these controversies show the eminently conventional and political nature of the CPI and, therefore, of many other macroeconomic indicators, such as growth or productivity.

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About the book

Author

Florence Jany-Catrice

Imprint

Palgrave Macmillan

Collection

n.c

Publication date

2021-01-12

Pages

139 pages

Print ISBN

9783030599393

Language

English

Ebook informations

EAN PDF

9783030599409

Price

£99.50

Copy count 1

Print count 13

File size 2826 Ko

Informations accessibility

EAN EPUB

9783030599409

Price

£99.50

Copy count 1

Print count 13

File size 3574 Ko

Informations accessibility

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About author(s)

Florence Jany-Catrice

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