This paper examines the extent of consumption insurance against income risk by households in rural India. We estimate the effects of income changes on consumption after controlling for aggregate shocks through changes in village level consumption and household size. We also test whether there is...

Introduction: The measurement of regional differences in consumer price levels is important to policy makers in business, government and academics as well as to individual citizens faced with decisions on where to live. Estimates of the magnitude of regional price differences are needed in...

This article investigates the distributional implication of relative price movements in Australia. It proposes and applies a method of evaluating the nature and size of the inequality bias of price movements. In the process, the study introduces a new demographic demand model that yields...