The Plutocratic Bias in the CPI : Evidence from Spain /
We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. We estimate that during the 1990s the plutocratic bias in Spain amounts to 0.055 percent per year. However, positi...
| Main Author: | Ruiz Castillo, Javier |
|---|---|
| Other Authors: | Izquierdo, Mario, Ley, Eduardo |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2000/167 |
| Online Access: | Full text available on IMF |
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