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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ruiz Castillo, Javier
Weitere Verfasser: Izquierdo, Mario, Ley, Eduardo
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/167
Online Zugang:Full text available on IMF