The Boskin Commission Report and Its AftermathRobert J. Gordon This paper summarizes the analysis and findings of the Boskin Commission, reviews criticisms, provides responses to criticisms, and summarizes recent changes in the CPI and recent research on price measurement. Key words: Inflation; Price measurement; Quality change; New products Views expressed in Monetary and Economic Studies are those of the authors and do not necessarily reflect those of the Bank of Japan or Institute for Monetary and Economic Studies. |
1999 Institute for Monetary and Economic Studies, Bank of Japan
