Inflazione per gruppi di famiglie e struttura dei consumi in Italia
[Inflation by family group and consumption structure in Italy]
The calculation of inflation rates for specific groups in Italy, according to family typology and profession, on various time horizons between 1996 and 2004, does not find significant differences. This result, surprising in particular for the first two years of the euro circulation, when a vivid debite developed on consumer prices dynamics, can be explained by two factors. First, the interaction of the particular developments in relative prices with the consumption structure by type of family and expenditure chapter. There are in fact significant differences in the percentage composition of expenditure among the various typologies of Italian families and thus in the “weights” implicit in the inflation felt by the different groups, which depart considerably from the national average weights. The paper also notes that the confusion on these weights is among the main reasons for the persistent gap between inflation perceived by consumers and actual inflation; the analysis of the statistical foundations behind the official measurement of consumer prices enables to offer additional explanations for the gap. Secondly, only some of the family groups have been able to modify the structure of their expenditure to reduce inflation actually felt. Last few years have seen a change, in some cases very significant, in the relative position of the various groups, together with marked modifications in the composition of expenditure in real terms of the different groups of families, mainly just because of the variations in relative prices. A change which, in absence of any erosions in nationwide consumption, can help explaining the widespread perceptions of increasing poverty in the country.
|Date of creation:||Dec 2005|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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.:
- Rapacciuolo, Ciro, 2002.
"L'aritmetica del congiunturalista: misure di confronto temporale e loro relazioni
[Business cycle arithmetic: time variation measures and their relations]," MPRA Paper 7442, University Library of Munich, Germany.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:7307. 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: (Joachim Winter)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.