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Apparel Prices 1914-93 and the Hulten/Brueghel Paradox

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NBER2005-08-01 更新2025-01-04 收录
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Backcasting upward bias in price index over long periods of time yields levels of real consumption two or four centuries ago that are implausibly low, raising the possibility that price index bias for important products may have been zero or even negative at some point in the past. This paper

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2005-08-01
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