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...

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Bibliografische gegevens
Hoofdauteur: Ley, Eduardo
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2001.
Reeks:IMF Working Papers; Working Paper ; No. 2001/059
Online toegang:Full text available on IMF