Browsing by Subject "Cost of living indices"
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Changes in relative consumer prices and the substitution bias of the Laspeyres price index: Ireland, 1985-2001
(Economic & Social StudiesDublin, 2004)This paper shows that Irish relative consumer prices have changed significantly, 1985-2001, at the ten commodity-group level. A ?true? cost-of-living index is derived from Madden?s (1993) parameter estimates for an Almost ... -
Expenditure patterns and welfare effects of inflation - estimates of a true cost-of-living index
(Economic & Social StudiesDublin, 1978)Inflation can have two principal kinds of redistributive effects. Even when relative prices are constant, the position of creditors worsens vis-a-vis that of debtors, unless the inflation is perfectly anticipated. If ...