Automatic Cost of Living Adjustments: Some Economic and Practical Considerations
Description:
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.
Date:
January 11, 2010
Creator:
Cashell, Brian W.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department