Gillingham, Robert; Greenlees, John S - In: Journal of Political Economy 95 (1987) 4, pp. 775-96
In this paper, the authors define a cost-of-living index including direct taxes. They show its relationship to the traditional index and demonstrate how nonconsumption costs are properly treated. They t hen define a fixed-weight approximation, a tax and price index (TPI). Using federal, state,...