Consumer Price Index

An index is used to compare economic data, typically price or quantity against a base value. Specifically, the Consumer Price Index is used to measure changes in prices of a bundle of goods and services over different periods of time for consumers. It covers a variety of goods and services that the BLS consolidated into […]

Capstone Topic

My topic of interest is import-substitution. Governments in developing economies sometimes try to protect developing industries by taxing or disallowing importation of the good or service produced by this industry. Most literature says that open trade policies are most beneficial to helping an economy grow. But, I would ideally like to try and find two […]