Standard measures of inflation, such as changes in the Consumer Price Index, do not account for the different effects of inflation across income groups emerging from variations in consumption patterns and differences in price trends across consumption categories. This could understate the adverse welfare effects of inflation for poor households. For instance, previous episodes of rising food prices suggested that poor households experience higher...
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INFORMATION
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2024/12/30
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Document de travail de recherche sur les politiques
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WPS11011
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1
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2024/12/30
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Disclosed
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Losing to Inflation : Unmasking the Unequal Price Effect of Inflation across Households
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