What issue related to price index?
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Price indexes have several issues related to their construction and measurement. One issue is determining the appropriate formula and weights to use in constructing the index . Another issue is the presence of changes in the quality of goods, which can accompany price changes . Additionally, price indexes for medical care do not have a clear link to patients' welfare . There is also a debate surrounding the concept of the Cost-of-Living Index (COLI) and its role in measuring inflation . The construction of inflation indexes is influenced by economic distribution and representations of wealth . In the case of medical care price indexes, there are challenges in capturing the complexity and singularity of the healthcare market . These issues highlight the importance of accurately measuring price changes and the need for ongoing research and measurement improvements .
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Open access•Posted Content 82 Citations | The paper discusses the conceptual and measurement issues related to the construction of medical care price indexes, specifically the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). |
| The paper discusses the conceptual and measurement issues related to the construction of medical care price indexes, specifically the medical care consumer price indexes (MCPIs) and medical-related producer price indexes (MPPIs). | |
12 Citations | The paper discusses various controversies and challenges related to the calculation and use of the price index in France, particularly in relation to economic distribution and representations of wealth. |
| The paper discusses three issues related to price indexes: determining the appropriate formula and weights, accounting for changes in the quality of goods, and the lack of a clear link between price indexes for medical care and patients' welfare. | |
| The paper discusses the issue of how to measure inflation and the debate surrounding the concept of the Cost-of-Living Index (COLI) as the methodological foundation for the Consumer Price Index. |
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