Constant Dollar Adjustment of Expenditure Data from the Survey of Household Spending - ARCHIVED

This discussion paper reviews the previous research into the subject of presenting historical time series and comparisons in constant dollars for the Survey of Household Spending (SHS), and its predecessor the Family Expenditure Survey (FAMEX). It examines two principal methods of converting spending data into constant dollars. The purpose of this discussion paper is to show interested parties how the two methods differ in complexity of implementation and interpretation.