----------------- HES POSTING ----------------- Mandelbrot 1963 "The variation of certain speculative prices" Journal of Business, has two nice references: Mitchell, W. C. 1915 "The Making and Using of index numbers", in Index Numbers and Wholesale Prices in the United States and Foreign Countries. U.S. Bureau of Labor Statistics Bulletin 173. Reprinted in 1921 as Bulletin 284. Mills, F. C. 1927. The Behavior of Prices. New York: National Bureau of Economic Research. Perry Mehrling ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]