National Economists Club
11/14/13 with Michael Horrigan, Bureau of Labor Statistics Chinatown Garden Restaurant 618 H St NW
Date: 14 Nov 2013 12:00 PM
Associate Commissioner for Prices and Living Conditions
U.S. Bureau of Labor Statistics
“The Chained CPI and Its Impact on Social Security”
There is a tremendous amount of policy interest in the potential use of the chained CPI-U for cost of living adjustments to various social programs, including social security. This statistical / survey methodology talk is intended to provide the audience with a thorough background on and understanding of the building blocks of the CPI-U, the CPI-W, the chained CPI-U as well as the much discussed experimental CPI for the elderly (CPI-E). How social security payments are adjusted using the CPI-W is presented as well as how social security payments would have varied in the past using alternative indexes for cost-of-living adjustments. Finally, the challenge of constructing a production ready non-experimental CPI for a demographic group such as the elderly is discussed.
Reservations are open through Wednesday, 11-13-13
Press: Please email :firstname.lastname@example.org with your attendance status and the date of attendance. It will be assumed that lunch is NOT requested. If lunch is requested, please contact me in advance, prior to the date of the event, for registration and payment instructions at the member rate.
Credit Card payment is non refundable but you may substitute someone in your place for attendance.