piar_index

chainable_piar_index

direct_piar_index

There are several classes to represent price indexes.<ul>
<li>All indexes inherit from the <code>piar_index</code> virtual class.</li>
<li>Period-over-period indexes that can be chained over time inherit from
<code>chainable_piar_index</code>.</li>
<li>Fixed-base indexes inherit from <code>direct_piar_index</code>.</li>
</ul>

Most price indexes are made with a two-step procedure, where
period-over-period elementary indexes are first calculated for a collection
of elementary aggregates at each point in time, and then aggregated according
to a price index aggregation structure. These indexes can then be chained
together to form a time series that gives the evolution of prices with
respect to a fixed base period. This package contains a collection of
functions that revolve around this work flow, making it easy to build
standard price indexes, and implement the methods described by
Balk (2008, <doi:10.1017/CBO9780511720758>), von der Lippe (2007,
<doi:10.3726/978-3-653-01120-3>), and the CPI manual (2020,
<doi:10.5089/9781484354841.069>) for bilateral price indexes.

piar_index: Price index objects

Description

Arguments

Details