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Getting Real: Price Deflation of Nominal Values

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  • Kokoski Mary

    (UMBC)

Abstract

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.

Suggested Citation

  • Kokoski Mary, 2010. "Getting Real: Price Deflation of Nominal Values," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-11, July.
  • Handle: RePEc:bpj:jbcacn:v:1:y:2010:i:1:n:7
    DOI: 10.2202/2152-2812.1032
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    References listed on IDEAS

    as
    1. Richard O. Zerbe Jr & Allen S. Bellas, 2006. "A Primer for Benefit–Cost Analysis," Books, Edward Elgar Publishing, number 3480.
    2. Chen, Yi Vivian & Heston, Alan & Lipsey, Robert, 2000. "International and interarea comparisons of income, output and prices," Journal of Asian Economics, Elsevier, vol. 11(3), pages 363-364, December.
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    Cited by:

    1. Abe C. Dunn & Scott D. Grosse & Samuel H. Zuvekas, 2016. "Adjusting Health Expenditures for Inflation: A Review of Measures for Health Services Research in the United States," BEA Papers 0109, Bureau of Economic Analysis.

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    Keywords

    price deflators; price indices;

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