We investigate the effect that seemingly minor features of the implementation of cost-of-living adjustments have on the distribution of household expenditures, by developing an analytical framework that is consistent with standard consumer theory, and mindful of data limitations faced by...

Measuring poverty entails making interpersonal welfare comparisons, that should account for differences in prices faced by households, both over time and across space. This paper investigates the impact of seemingly minor differences in the practical implementation of price adjustments, by...

Measuring poverty entails making interpersonal welfare comparisons, that should account for differences in prices faced by households, both over time and across space. This paper investigates the impact of seemingly minor differences in the practical implementation of price adjustments, by...