Majumder, Amita; Ray, Ranjan; Sinha, Kompal - In: Indian Growth and Development Review 6 (2013) 2, pp. 195-211
Purpose – The contribution of this study is both methodological and empirical. It provides a method of estimating preference consistent true cost of living indices and demonstrates the use of unit values (food items), adjusted for quality and demographic effects, as prices. Using NSS data,...