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|WP Abstract: A Cost-of-Living Dynamic Price Index, with an Application to Indexing Retirement Accts|
National Bureau of Economic Research [NBER]
Nov. 15, 2005
Excerpt: If a consumer wishes to protect her retirement account from the risk of price changes in order to sustain a stable standard of living, then what price index should the account be indexed to? This paper constructs a dynamic price index (DPI) that answers this question.
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