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Re: st: Re: adjusting charges for inflation ( -cpigen- by Autin Nichols )
From
Austin Nichols <[email protected]>
To
"[email protected]" <[email protected]>
Subject
Re: st: Re: adjusting charges for inflation ( -cpigen- by Autin Nichols )
Date
Tue, 3 Sep 2013 11:36:00 -0400
Daniel Waxman <[email protected]>:
-cpigen- on SSC is supposed to automate some of that, and it was
distributed with a do file allowing users to update their own ado
file, but the do file has been broken by some changes in underlying
data--I sent the OP an updated cpigen.ado and will update the files on
SSC soon.
On Sun, Sep 1, 2013 at 12:12 PM, Daniel Waxman <[email protected]> wrote:
> Mike asks how to adjust for inflation.
>
> If you're interested in the U.S. ...
>
> See http://www.bls.gov/cpi/ for all sorts of information on the
> consumer price index.
>
> In particular, see:
>
> ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
>
> The third column from the right gives you the average annual CPI for
> each year from 1913-2012.
>
> To adjust to any particular base year, create a CPI ratio of the CPI
> for the base year that of the unadjusted year. E.g. to adjust 2006
> to 2010 dollars,
>
> . local cpi_ratio 218.056/201.6
> . gen adjusted = unadjusted*`cpi_ratio'
>
> Hope this helps.
>
> Dan
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