Arrayed Display of Price Index Variation

Some Observations

by Richard Y. Pei, Susanna W. Purnell, H. G. Massey

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This paper is a by-product of several studies and informal investigations done for the Cost of Living Council. It describes the arrayed display technique, a possible tool for observing the interaction of price indices. Several applications of the technique using the Wholesale Price Index suggest that one impact of Phase II on successfully controlled industries may have been a rigid pricing structure.

This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

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