Cost of Living Adjustment for Military Personnel.

Abstract

The study presents an analysis of the differences in the cost of living between civilian and military families. An index analogous to the Consumer Price Index (CPI) is constructed for military personnel. In constructing this new index the authors discuss both the theoretical and empirical basis for the existing Consumer Price Indices. The authors obtain this modified CPI for the military (MCPI) using two approaches. First they construct a new index considering only the effect on the CPI of those commodities available either free or at reduced prices to military personnel. Second they construct a military counterpart of the CPI considering only the unique geographic distribution of the military personnel. The results suggest that the MCPI has risen less rapidly than the CPI during the period 1961-1970. (Modified author abstract)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1974
Accession Number
AD0778634

Entities

People

  • Cristobal S. Miletich
  • Jen Ter Chien

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Abstracts
  • Commodities
  • Consumers
  • Costs
  • Families (Human)
  • Geographic Distribution
  • Military Families
  • Military Personnel
  • Personnel Management
  • Price Index

Readers

  • Economics
  • International Journalism and Media Studies.
  • Operations Research