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...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2001/059 |
| Accès en ligne: | Full text available on IMF |