Carol BaxterÂ comments:
I am trying to work out the value today of 14000 pounds in 1828 which was the haul from a robbery in Sydney. It is for a book that is soon to be published so I need an accurate estimate, or as close as I can get.
The two natural ways I can think of converting this would be to index it by inflation or to express it as a share of GDP. But I can’t find a long-run series of CPI or nominal GDP (Angus Maddison’s tables are all real GDP). Can anyone point Carol in the right direction?