期刊名称:Discussion Paper Series / Department of Economics, Monash University
出版年度:2008
卷号:1
出版社:Monash University
摘要:This paper investigates the distributional implication of inflation in Australia. It proposes and
applies a method of evaluating the nature and size of the inequality bias of price movements.
In the process, the study introduces a new demographic demand model that yields sensible
and well determined estimates of the general equivalence scale and the size economies of
scale. The study finds that inflation in Australia during the 1990s had an inequality increasing
bias and that this bias increased in the late 1990s and the first part of the new millennium.
The study also provides evidence on the decomposition of overall inequality between
demographic groups and compares the decomposition between the nominal and real
expenditure inequalities.
关键词:Price scaling, demographic demand, real expenditure inequality, inequality
aversion.