Are Inflation Rates Different for the Elderly?
This paper presents new evidence on cost-of-living indices and annual inflation rates for the elderly population as well as the general population. It employs a now fairly widely accepted adjustment for the inappropriate treatment of housing in the Consumer Price Index. We disaggregate by five-year age cohorts for the elderly, and analyze various features of the differences in the inflation faced by the elderly and the general population, as well as within the elderly group itself. We conclude that, conditional on a housing adjustment, the inflation experience of the elderly from 1961-1981 was quite similar to the general population, both cumulatively and year-by-year.
|Date of creation:||Jul 1982|
|Date of revision:|
|Publication status:||published as Boskin, Michael J. and Michael D. Hurd. "Indexing Social Security Benefits: A Separate Price Index for the Elderly?" Public Finance Quarterly, Vol. 1 3, No. 4, Oct. 1985, pp. 436-449.|
|Contact details of provider:|| Postal: |
Web page: http://www.nber.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:0943. 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: ()
If references are entirely missing, you can add them using this form.