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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Ley, Eduardo
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/059
Acceso en liña:Full text available on IMF