In this paper it is demonstrated that Wald's price index is the true cost-of-living index corresponding to a utility function of the form (x - @c)' A (x - @c). Within this framework Frisch's double expenditure method and a related proposal of Samuelson are discussed.
MLA
Balk, Bert M.. “Second Thoughts on Wald's Cost-of-Living Index and Frisch's Double Expenditure Method.” Econometrica, vol. 49, .no 6, Econometric Society, 1981, pp. 1553-1558, https://www.jstor.org/stable/1911417
Chicago
Balk, Bert M.. “Second Thoughts on Wald's Cost-of-Living Index and Frisch's Double Expenditure Method.” Econometrica, 49, .no 6, (Econometric Society: 1981), 1553-1558. https://www.jstor.org/stable/1911417
APA
Balk, B. M. (1981). Second Thoughts on Wald's Cost-of-Living Index and Frisch's Double Expenditure Method. Econometrica, 49(6), 1553-1558. https://www.jstor.org/stable/1911417
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