DP19802 Distributional Consumer Price Indices

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This paper develops a new public database to estimate inflation heterogeneity across socio-demographic groups in the United States in real time. These distributional CPIs (D-CPIs) are fully consistent with the methodology of the official CPI and are available from 2002 to the present day by household income, age, race and other characteristics. Using this database, I establish three results showing that D-CPIs have important implications for the measurement of long-run trends in inequality and

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DP19802 Distributional Consumer Price Indices https://cepr.org/ - 20.12.2024 18:14

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DP19802 Distributional Consumer Price Indices https://cepr.org/ - 20.12.2024 18:14