Automatic Cost of Living Adjustments: Some Economic and Practical Considerations

Cashell, Brian W.

Library of Congress. Congressional Research Service.

关键词: Cost of living adjustments;    Price indexes;    Economic policy;    Pensions;    Labor;   

RP-ID  :  RL34168
RP-ID  :  RL34168_2010Jan11

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report looks at how automatic cost-of-living adjustments (COLAs) influence the budget and identifies major programs that have indexing provisions. It also explains what price indexes attempt to measure and discusses some of their weaknesses. Finally, it points out some practical things to keep in mind when establishing an indexing provision.