An International Survey of Indexing and Its Effects
S.A.B. Page and
Sandra Trollope
National Institute Economic Review, 1974, vol. 70, 46-59
Abstract:
Though it has become increasingly popular, indexation is not a new idea. As early as 1742 Massachusetts had an issue of bonds based on a few commodities and Jevons in 1875 and Marshall in 1886 advocated the use of a standard unit of purchasing power in contracts for deferred payments.
Date: 1974
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