Inflation differentials among Ugandan household: 1997 - 2007
Since the structural adjustment days of the 1990s, targeting inflation to single digit rates has remained a predominant feature of Uganda’s macroeconomic strategy towards creating and sustaining an enabling environment for poverty-reducing growth. One of the most commonly advanced arguments for this inflation targeting strategy is the minimization of the erosion of the purchasing power of the poor. Implicit in this argument is the concern that inflation hurts the poor the most. However, since different consumers purchase different bundles of goods and services depending on personal and location-specific socioeconomic characteristics, when inflation rises beyond the targeted range, it is not obvious which income group experiences a relatively higher rate of inflation. Even when group-specific inflation rates are known, the subpopulation with a higher relative rate of inflation may not necessary be the one that bears the brunt of a surge in inflation...
|Date of creation:||Jun 2010|
|Contact details of provider:|| Postal: 51 Pool Road, Makerere University Campus, P.O.Box 7841 Kampala|
Web page: http://www.eprc.or.ug
More information through EDIRC
References listed on IDEAS
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.:
- Brent R. Moulton, 1996. "Bias in the Consumer Price Index: What Is the Evidence?," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 159-177, Fall.
- Javier Ruiz-Castillo & Eduardo Ley & Mario Izquierdo, "undated".
"The Laspeyres bias in the Spanish consumer price index,"
Studies on the Spanish Economy
- J. Ruiz-Castillo & E. Ley & M. Izquierdo, 2002. "The Laspeyres bias in the Spanish consumer price index," Applied Economics, Taylor & Francis Journals, vol. 34(18), pages 2267-2276.
- Javier Ruiz Castillo & Eduardo Ley & Mario Izquierdo, "undated". "The laspeyres bias in the Spanish consumer price index," Working Papers 2000-05, FEDEA.
- Pollak, Robert A, 1980. "Group Cost-of-Living Indexes," American Economic Review, American Economic Association, vol. 70(2), pages 273-278, May.
- Mario Izquierdo & Eduardo Ley & Javier Ruiz-Castillo, 2003. "The Plutocratic Gap in the CPI: Evidence from Spain," IMF Staff Papers, Palgrave Macmillan, vol. 50(1), pages 7-7.
- Vanessa Fry & Panos Pashardes, 1985. "Distributional aspects of inflation: who has suffered most?," Fiscal Studies, Institute for Fiscal Studies, vol. 6(4), pages 21-29, November.
- Bart Hobijn & David Lagakos, 2003.
"Inflation inequality in the United States,"
173, Federal Reserve Bank of New York.
When requesting a correction, please mention this item's handle: RePEc:ags:eprcrr:102497. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.