Izquierdo, Mario; Ley, Eduardo; Ruiz-Castillo, Javier - In: IMF Staff Papers 50 (2003) 1, pp. 7-7
The plutocratic gap is defined as the difference between the inflation measured according to the current official consumer price index (CPI) and a democratic index in which all households receive the same weight. During 1992-97, the plutocratic gap in Spain averaged 0.055 percentage points a...