Consumption baskets vary across households and inflation rates vary across goods. As a result, standard consumer price index (CPI) inflation may provide a misleading measure of the inflation actually faced by poor households, more so the more unequal the distribution of aggregate consumption across households. Likewise, changes in observed nominal consumption inequality may be very different from those in true inequality, that is, that measured using...
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INFORMATION
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2006/01/01
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Document de travail de recherche sur les politiques
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WPS3815
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1
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1
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2010/07/01
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Disclosed
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Getting real about inequality : evidence from Brazil, Colombia, Mexico, and Peru
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inflation
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