Variation Across Household in the Rate of Inflation

73 Pages Posted: 8 Feb 2001 Last revised: 16 Sep 2022

See all articles by Robert T. Michael

Robert T. Michael

University of Chicago; National Bureau of Economic Research (NBER)

Date Written: March 1975

Abstract

This paper reports on an empirical investigation of the distribution of inflation rates across households. The study uses a large cross-sectional survey of households to obtain information on the composition of the market bundles of goods and services purchased by each of several thousand households in the U.S. It also uses published data for the U.S. on monthly changes in the separate indices of prices of some fifty expenditure items which comprise consumers' market bundles. With information on price changes for these fifty items and the composition of households' consumption bundles, a price index is computed for each of some 11,000 households separately for several recent periods of time. The distributions of these price indices are studied and the relationships between household characteristics and these price indices are investigated.

Suggested Citation

Michael, Robert T., Variation Across Household in the Rate of Inflation (March 1975). NBER Working Paper No. w0074, Available at SSRN: https://ssrn.com/abstract=259386

Robert T. Michael (Contact Author)

University of Chicago ( email )

1101 East 58th Street
Chicago, IL 60637
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
44
Abstract Views
1,263
PlumX Metrics