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Tracking inflation in the service sector


  • Eugene Kroch


In the last forty years, inflation in the service sector has consistently exceeded inflation in the rest of the economy. This article investigates whether the observed difference in inflation rates reflects upward bias in the measurement of service prices.

Suggested Citation

  • Eugene Kroch, 1991. "Tracking inflation in the service sector," Quarterly Review, Federal Reserve Bank of New York, issue Sum, pages 30-35.
  • Handle: RePEc:fip:fednqr:y:1991:i:sum:p:30-35:n:v.16no.2

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    References listed on IDEAS

    1. Ando, Albert & Auerbach, Alan J., 1988. "The cost of capital in the United States and Japan: A comparison," Journal of the Japanese and International Economies, Elsevier, vol. 2(2), pages 134-158, June.
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