I argue that the gap between consumer price index (CPI) inflation and actual inflation varies systematically across the business cycle. CPI inflation is the change in expenditure required to afford a fixed basket of varieties. Actual inflation is the change in minimum expenditure required to afford a given level of utility. In a New Keynesian model with variety entry and exit and sticky prices,...

The Bureau of Labor Statistics rounds the Consumer Price Index (CPI) to a single decimal place before releasing it, and the published CPI inflation series is calculated from those rounded index values. While rounding has only a relatively small effect on the level of the CPI series at present, it can have a significant effect on CPI inflation, the monthly percent changes in the CPI. This paper ...

A method to refine corn produces highly pure corn protein isolate (CPI) and intact granular starches (CPI starch). The CPI starch is superior to other commercial starches because of its intact membrane. This paper reports on the effectiveness of the CPI starch in laundering applications by comparison with a commercial starch and polyvinyl alcohol (PVA). Influence of the different starch materia...

The Stanford Center on Poverty and Inequality (CPI) has built a comprehensive research program focused on measuring and explaining trends in poverty, inequality, and labor market outcomes. This program features 15 research groups (RGs) that address some of the important poverty-relevant measurement problems facing the nation. The current infrastructure for measuring poverty is antiquated, rests...

The Stanford Center on Poverty and Inequality (CPI) has built a comprehensive research program focused on measuring and explaining trends in poverty, inequality, and labor market outcomes. This program features 15 research groups (RGs) that address some of the important poverty-relevant measurement problems facing the nation. The current infrastructure for measuring poverty is antiquated, rests...

The Stanford Center on Poverty and Inequality (CPI) has built a comprehensive research program focused on measuring and explaining trends in poverty, inequality, and labor market outcomes. This program features 15 research groups (RGs) that address some of the important poverty-relevant measurement problems facing the nation. The current infrastructure for measuring poverty is antiquated, rests...

The Stanford Center on Poverty and Inequality (CPI) has built a comprehensive research program focused on measuring and explaining trends in poverty, inequality, and labor market outcomes. This program features 15 research groups (RGs) that address some of the important poverty-relevant measurement problems facing the nation. The current infrastructure for measuring poverty is antiquated, rests...