ARTICLE
ABSTRACT
In Fisher's index theory the crossing of formulas and weights was regarded as the most pertinent method to derive an "ideal" index formula. The well known Fisher index is a geometric mean of Laspeyres and Paasche indexes and it satisfies most of the postulates coming from the axiomatic index theory. In this paper we consider the generalized Fisher index. The purpose of the study is to propose and discuss some more general class of indexes including the generalized Fisher index.
KEYWORDS
Price index, generalized Fisher index, Laspeyres index, Paasche index, Marhall-Edgeworth index
JEL
C43
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