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Sesgos en la medición de la inflación en contextos inflacionarios: El caso peruano

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Author Info
Javier Escobal () (Grupo de Análisis para el Desarrollo (GRADE))
Marco Castillo del Castillo

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Abstract

La posible sobrevaluación del Indice de Precios al Consumidor de Lima Metropolitana ha sido un problema que ha venido preocupando tanto a académicos como a tomadores de decisiones y a la opinión pública en general desde hace ya algún tiempo. Muchos desconocen que la sobreestimación del Producto Bruto Interno per cápita y del retraso cambiario, o la subestimación de la presión tributaria, tiene su origen en el mismo problema de medición del IPC. Sin embargo, la existencia de dichos sesgos es reconocida cada vez más como asuntos que necesitan ser urgentemente abordados y solucionados. Entender la naturaleza exacta de estos problemas es indispensable si se pretende corregirlos adecuadamente. Este documento parte de la teoría de los índices del costo de vida para determinar la manera más adecuada de agregar los precios para obtener un indicador de inflación. Dicha metodología es comparada con el IPC elaborado por el INEI. El documento muestra que el índice de precios del INEI sobrevalúa el costo de vida sistemáticamente en periodos de alta inflación. La corrección de este sesgo es crucial pues una rectificación del IPC permitiría reevaluar la evolución, en términos reales, de los principales agregados macroeconómicos.

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Publisher Info
Paper provided by Grupo de Análisis para el Desarrollo (GRADE) in its series Documentos de Trabajo with number dt21.

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Length: 37 pages
Date of creation: 1994
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Handle: RePEc:gad:doctra:dt21

Note: Documento de Trabajo,21
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Related research
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Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

References listed on IDEAS
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  1. Michael F. Bryan & Stephen G. Cecchetti, 1993. "The consumer price index as a measure of inflation," Economic Review, Federal Reserve Bank of Cleveland, issue Q IV, pages 15-24. [Downloadable!]
    Other versions:
  2. Gordon, Robert J, 1992. "Measuring the Aggregate Price Level: Implications for Economic Performance and Policy," CEPR Discussion Papers 663, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  3. Michael F. Bryan & Stephen G. Cecchetti, 1993. "Measuring Core Inflation," NBER Working Papers 4303, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Javier Escobal & Jaime Saavedra & Máximo Torero, 2000. "Los Activos De Los Pobres En El Perú," Documentos de Trabajo dt26, Grupo de Análisis para el Desarrollo (GRADE). [Downloadable!]
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