Series: IMF Working Papers
Author(s): S. Erbas , and Chera Sayers
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1998
Keywords: CPI, COLA, income brackets, age groups, inflation, expenditure components, expenditure classification, expenditure data, expenditure share
The recent Boskin Commission Report (1996) underscores a significant upward bias in CPI measurement in the United States. This may result in excessive cost-of-living adjustment (COLA) of some entitlements in the fe...