NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Boskin Commission Report and its Aftermath

Robert J. Gordon

NBER Working Paper No. 7759
Issued in June 2000
NBER Program(s):   PR   EFG

This paper briefly summarizes the analysis and findings of the 1996 Boskin Commission Report, Toward a More Accurate Measure of the Cost of Living. It then reviews the comments and criticisms that appeared soon after the Report was issued and provides responses to the more important criticisms. Changes in the CPI, both those that were planned before the Report and those that were in part a response to its recommendations, are summarized and assessed. The paper concludes with a summary of recent research on quality change and comments on the current status of the CPI and of price measurement research. Including those improvements that the BLS has announced for implementation in 2000-2002, the paper estimates that the current upward bias in the CPI is in the range of 0.65 percent, down from the 1.1 percent that the Report estimated applied to the period 1995-96.

download in pdf format
   (299 K)

email paper

A non-technical summary of this paper is available in the October 2000 NBER digest.  You can sign up to receive the NBER Digest by email.

This paper is available as PDF (299 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w7759

Published: Gordon, Robert-J, 1999. "The Boskin Commission Report and Its Aftermath," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 17(3), pages 41-68, December.

Users who downloaded this paper also downloaded these:
Gordon w12311 The Boskin Commission Report: A Retrospective One Decade Later
Hausman w4970 Valuation of New Goods under Perfect and Imperfect Competition
Goldin w8985 A Pollution Theory of Discrimination: Male and Female Differences in Occupations and Earnings
Grainger and Costello w17019 The Value of Secure Property Rights: Evidence from Global Fisheries
Bhattacharya and Bundorf w11303 The Incidence of the Healthcare Costs of Obesity
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us