Front Matter Page
IMF Institute
Authorized for distribution by Reza Vaez-Zadeh
Contents
I. Introduction
II. Plutocratic and Democratic CPI Budget Shares
A. Income Elasticity
III. The CPI Plutocratic Bias
A. Geographical Price Variation
B. Empirical Estimates of the CPI Bias
C. Group Indexes
IV. An Equivalence-Scale Approach
V. Concluding Remarks
References
Text Tables
1. Notation
2. Empirical Studies of the CPI Plutocratic Bias
3. Decomposition of the CPI Plutocratic Bias: Spain 1993-97
4. CPI Plutocratic Bias for Different Values of θ: Spain 1993-97