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The Measurement of Durable Goods Prices


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American business has recently been under fire, charged with inflated pricing and an inability to compete in the international marketplace. However, the evidence presented in this volume shows that the business community has been unfairly maligned official measures of inflation and the standard of living have failed to account for progress in the "quality" of business equipment and consumer goods. Businesses have actually achieved higher productivity at lower prices, and new goods are lighter, faster, more energy efficient, ...

The Measurement of Durable Goods Prices 1990, University of Chicago Press, Chicago, IL

ISBN-13: 9780226304557