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Getting Real: Price Deflation of Nominal Values

Published online by Cambridge University Press:  19 January 2015

Mary Kokoski
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Abstract

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It is often useful to convert nominal values to real values for applied welfare analysis. This article discusses the use of price deflators, and several published economic indices that may be useful for this process.

Keywords

price deflatorsprice indices
Type
Implementation: Skills and Perspectives
Information
Journal of Benefit-Cost Analysis , Volume 1 , Issue 1 , 14 July 2010 , pp. 1 - 11
Copyright
Copyright © Society for Benefit-Cost Analysis 2011

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