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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
price inflation equivalent income welfare linear expenditure system consumer price index distribution co mpensating variation inequality aversion
2012/10/30
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland between 1999 and 2010. This measure combines an efficiency component using a Linea...
Price changes in 1980：double-digit inflation persists
inflation double-digit Price changes
2009/6/15
Price changes in 1980：double-digit inflation persists。
Consumer and producer price increases slowed to their lowest rate since 1977; major reasons for the moderation include favorable developments affecting food and energy as well as the impact of the rec...
The use of a Laspeyres type of formula in calculating the Consumer Price Index may be improved by incorporating an alternative formula that combines the geometric mean index with the Laspeyres formula...