02693nam a2200349 a 450000500170000000700150001700800410003201000170007304000230009005000170011308200230013010000240015324501330017726000420031030000280035249000420038050000480042250400410047052013590051153000290187053800470189953800360194659000100198265000620199270000280205470000250208271000240210783000610213194200120219299900170220495201220222120181210070743.0cr |||||||||||060111s2006    dcu     sb   i000 0 eng    a  2005705509  aDLCcDLCdBD-DhBPA00aHG3881.5.W57  a339.2098bGOG 20061 aGoni, Edwin 98869010aGetting real about inequality :bevidence from Brazil, Colombia, Mexico, and Peru /cEdwin Goni, Humberto Lopez and Luis Serven.  aWashington, D.C. :bWorld Bank,c2006  a27 p. :bill. ;c23 cm.1 aPolicy research working paper ;v3815  aTitle from PDF file as viewed on 1/11/2006.  aIncludes bibliographical references.3 a"Consumption baskets vary across households and inflation rates vary across goods.  As a result, standard consumer price index (CPI) inflation may provide a misleading measure of the inflation actually faced by poor households, more so the more unequal the distribution of aggregate consumption across households.  Likewise, changes in observed nominal consumption inequality may be very different from those in true inequality, that is, that measured using household-specific CPIs.  The authors explore empirically these issues using household data covering nine episodes from four Latin American countries (Brazil, Colombia, Mexico, and Peru).  They find that in these countries standard CPI inflation typically reflects the inflation rate faced by a rich consumer located in the 80 to 90 percentile of the distribution of consumption expenditure.  In most episodes the authors also find that inflation was anti-rich-that is, the inflation faced by the richest consumers was higher than the inflation faced by the poorest consumers.  As a result of this bias, the observed increases in nominal inequality generally exceed the actual changes in real inequality.  These results are robust to correcting for quality change bias in the CPI, to the use of alternative price indices, and to the use of alternative inequality measures. "--World Bank web site.  aAlso available in print.  aSystem requirements: Adobe Acrobat Reader.  aMode of access: World Wide Web.  aZahid 0aIncome distributionzLatin AmericavCase studies.91080531 a Lopez, Humberto9350211 aServen, Luis 9549962 aWorld Bank.9108054 0aPolicy research working papers (Online) ;v3815.9108055  2ddccBK  c37574d37574  102ddc4070aBPATCbBPATCcGRRd2018-05-13l0o339.2098 GOG 2006pWB3887r2018-05-13 00:00:00w2018-05-13yBKzZahid