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UK household cost-of-living indices, 1979-92

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  • Ian Crawford

    ()
    (Institute for Fiscal Studies and University of Surrey)

Abstract

The only circumstance under which one can speak accurately about the cost-of-living index is one in which household expenditure patterns do not vary. If relative prices move and households consume goods and services in different proportions, then each household will have its own unique cost-of-living index. This paper is concerned with the pattern and extent of these variations in the cost of living between different types of household.

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Bibliographic Info

Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 15 (1994)
Issue (Month): 4 (January)
Pages: 1-28

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Handle: RePEc:ifs:fistud:v:15:y:1994:i:4:p:1-28

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  1. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1975. "Transcendental Logarithmic Utility Functions," American Economic Review, American Economic Association, vol. 65(3), pages 367-83, June.
  2. Blundell, Richard & Pashardes, Panos & Weber, Guglielmo, 1993. "What Do We Learn About Consumer Demand Patterns from Micro Data?," American Economic Review, American Economic Association, vol. 83(3), pages 570-97, June.
  3. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
  4. Dougherty, Ann & Van Order, Robert, 1982. "Inflation, Housing Costs, and the Consumer Price Index," American Economic Review, American Economic Association, vol. 72(1), pages 154-64, March.
  5. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June.
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Cited by:
  1. repec:ebl:ecbull:v:4:y:2002:i:3:p:1-5 is not listed on IDEAS
  2. Laura Blow & Lars Nesheim, 2009. "Dynamic housing expenditures and household welfare," CeMMAP working papers CWP04/09, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
  3. Laura Blow & Lars Nesheim, 2009. "A retail price index including the shadow price of owner occupied housing," CeMMAP working papers CWP03/09, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
  4. repec:wii:bpaper:bowp:095 is not listed on IDEAS
  5. Alessandra Cepparulo & Francesca Gastaldi & Paolo Liberati, 2010. "The distributional and welfare impact of inflation in Italy," Working Papers 134, University of Rome La Sapienza, Department of Public Economics.
  6. Rachel Griffith & Ephraim Leibtag & Andrew Leicester & Aviv Nevo, 2009. "Consumer Shopping Behavior: How Much Do Consumers Save?," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 99-120, Spring.

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