Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Inflation management based on the Basket of Consumer Goods
Available online: 16 April 2010 Subject Heading: Inflation JEL Classification:
The paper demonstrates that inflation on the consumer market can be managed by reducing its rate and lowering inflation-related risks. An approach is introduced based on treating the inflation risks of particular ingredients of the consumer goods basket as components of a whole complex, rather than separate units. The proposed management strategy is focused on the degree of correlation between the rates of price increase of the consumer goods in the basket. Keywords: inflation rate, consumer goods basket, risk, correlation, consumer price index, mathematical expectation, probability |
ISSN 2311-8709 (Online)
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