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来源类型Working Paper
规范类型报告
DOI10.3386/w22331
来源IDWorking Paper 22331
Inflation at the Household Level
Greg Kaplan; Sam Schulhofer-Wohl
发表日期2016-06-13
出版年2016
语种英语
摘要We use scanner data to estimate inflation rates at the household level. Households' inflation rates have an annual interquartile range of 6.2 to 9.0 percentage points. Most of the heterogeneity comes not from variation in broadly defined consumption bundles but from variation in prices paid for the same types of goods. Lower-income households experience higher inflation, but most cross-sectional variation is uncorrelated with observables. Households' deviations from aggregate inflation exhibit only slightly negative serial correlation. Almost all variability in a household's inflation rate comes from variability in household-level prices relative to average prices, not from variability in aggregate inflation.
主题Microeconomics ; Households and Firms ; Market Structure and Distribution ; Macroeconomics ; Business Cycles
URLhttps://www.nber.org/papers/w22331
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580004
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GB/T 7714
Greg Kaplan,Sam Schulhofer-Wohl. Inflation at the Household Level. 2016.
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