Whose Inflation? : A Characterization of the CPI Plutocratic Bias /
Prais (1958) showed that the CPI computed by statistical agencies can be interpreted as a weighed average of household price indexes, the weight of each household determined by its total expenditures. We decompose the difference between the standard CPI and a democratically weighed index (i.e., the...
| 1. Verfasser: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2001/059 |
| Online Zugang: | Full text available on IMF |