Point-to-point index growth rates

Computes annual point-to-point index growth rates from successive index values, matching Equation (16.12).

Usage

iP_eiul(index)

Arguments

index

Numeric vector of index closing values.

Value

Numeric vector of growth rates.

Examples

iP_eiul(c(1000, 1050, 1200, 1100))
#> [1]  0.05000000  0.14285714 -0.08333333