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
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Credit Card payment is non refundable but you may substitute someone in your place for attendance.