An R Notebook that creates an inflation-adjusted amount variable. This is done using the original amount variable, and a Consumer Price Index adjustment (using data from the Bureau of Labor Statistics).
The output dataset contains both the original amount variable, and the amount_201706_dollars variable which converts the original amount to the equivalent dollars in June 2017. This make comparison and summary statistics involving amount_201706_dollars more accurate.
An R Notebook that creates an inflation-adjusted amount variable. This is done using the original
amountvariable, and a Consumer Price Index adjustment (using data from the Bureau of Labor Statistics).The output dataset contains both the original
amountvariable, and theamount_201706_dollarsvariable which converts the original amount to the equivalent dollars in June 2017. This make comparison and summary statistics involvingamount_201706_dollarsmore accurate.