Title of article
Preference-based indices with subsidized commodities and income-dependent prices
Author/Authors
N. Anders Klevmarken، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1998
Pages
8
From page
31
To page
38
Abstract
The user cost of publicly provided services is sometimes income dependent. High-income earners pay more. A true cost-of-living index, which includes income-dependent prices, is suggested. It is shown that the corresponding Laspeyre index does not only exceed the true index but it exceeds it by no less than in the case of no income-dependent price.
Keywords
Index numbers , Publicly provided goods
Journal title
Economics Letters
Serial Year
1998
Journal title
Economics Letters
Record number
434524
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