Index

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Index

A book containing references, alphabetically arranged, to the contents of a series or collection of documents or volumes; or a section (normally at the end) of a single volume or set of volumes containing such references to its contents.

Statistical indexes are also used to track or measure changes in the economy (for example, the Consumer Price Index) and movement in stock markets (for example, Standard & Poor's Index). Such indexes are usually keyed to a base year, month, or other period of comparison.

In mortgage financing, the term is used to determine adjustable-rate mortgage (ARM) interest rates after the discount period ends. Common indexes for ARMs are one-year Treasury Securities and the national average cost of funds to savings and loan associations.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The bias to price indexes from offshoring is one of several measurement problems arising from the growth of globalization that were examined in conference research.
Recently, Triplett (2001, F331) had strongly contended that "the theory of the cost-of-living index does provide the underlying conceptual rationale for constructing a practical CPI." Furthermore, using the Laspeyres price index (or other fix-basket price indexes) in constructing a CPI will cause substitution bias in measurement.
Several widely used price indexes are discussed, and the author presents evidence that favors one particular index.
''From this experience, rice prices are expected to stay high until the fall of next year and may serve as a factor that pushes up the price indexes until the middle of 2004,'' an official at the Cabinet Office said.
A category inflation index reflects the inflation that occurs in the BLS price indexes for a selected BLS category (or, if applicable, a BLS category group).
One important use of price indexes is in the determination of monetary (and possibly fiscal) policy.
However, to the best of my knowledge, this is the first study to discuss output and input price indexes with particular attention to the market setting in which such indexes are embedded.
import and export price indexes to adjust for inflation.
These differences are then multiplied by the growth rates in the corresponding item price indexes to yield percentage-point contributions; that is, the weight effect is computed as
1.472-8 eliminates the requirement to convert published price indexes into either retail price indexes or cost price indexes.
On the negative side, I am concerned that the publication of two different price indexes as part of the CPI program might generate some confusion.
But, how might we assess the accuracy of widely used price indexes, such as the Producer Price Index (PPI)?