Browsing Publikasjoner fra CRIStin (NHH) by Author "Kjelsrud, Anders Grøn"
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Rags and Riches: Relative Prices, Non-Homothetic Preferences, and Inequality in India
Almås, Ingvild; Kjelsrud, Anders Grøn (Peer reviewed; Journal article, 2017)It is well known that consumption patterns change with income. Relative price changes would therefore affect rich and poor consumers differently. Yet, the standard price indices are not income-specific, and hence, they ...