Could COVID‐19 Infect the Consumer Prices Index?

The spread of COVID‐19 has led to sweeping changes in the way households work, spend their time and shop, resulting in different shopping patterns and rapid price changes in some goods. How will changes such as these be reflected in headline inflation measures such as the Consumer Prices Index (CPI)...

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Autores principales: Blundell, Richard, Griffith, Rachel, Levell, Peter, O'Connell, Martin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2020
Materias:
Symposium: COVID‐19 and the Economy
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7300548/
https://www.ncbi.nlm.nih.gov/pubmed/32836535
http://dx.doi.org/10.1111/1475-5890.12229
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author Blundell, Richard
Griffith, Rachel
Levell, Peter
O'Connell, Martin
author_facet Blundell, Richard
Griffith, Rachel
Levell, Peter
O'Connell, Martin
author_sort Blundell, Richard
collection PubMed
description The spread of COVID‐19 has led to sweeping changes in the way households work, spend their time and shop, resulting in different shopping patterns and rapid price changes in some goods. How will changes such as these be reflected in headline inflation measures such as the Consumer Prices Index (CPI)? This paper discusses problems in interpreting the CPI as a measure of how the cost of living is changing during the lockdown.
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spelling pubmed-73005482020-06-18 Could COVID‐19 Infect the Consumer Prices Index? Blundell, Richard Griffith, Rachel Levell, Peter O'Connell, Martin Fisc Stud Symposium: COVID‐19 and the Economy The spread of COVID‐19 has led to sweeping changes in the way households work, spend their time and shop, resulting in different shopping patterns and rapid price changes in some goods. How will changes such as these be reflected in headline inflation measures such as the Consumer Prices Index (CPI)? This paper discusses problems in interpreting the CPI as a measure of how the cost of living is changing during the lockdown. John Wiley and Sons Inc. 2020-07-06 2020-06 /pmc/articles/PMC7300548/ /pubmed/32836535 http://dx.doi.org/10.1111/1475-5890.12229 Text en © 2020 The Authors. Fiscal Studies published by John Wiley & Sons Ltd. on behalf of Institute for Fiscal Studies https://creativecommons.org/licenses/by/4.0/This is an open access article under the terms of the http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
spellingShingle Symposium: COVID‐19 and the Economy
Blundell, Richard
Griffith, Rachel
Levell, Peter
O'Connell, Martin
Could COVID‐19 Infect the Consumer Prices Index?
title Could COVID‐19 Infect the Consumer Prices Index?
title_full Could COVID‐19 Infect the Consumer Prices Index?
title_fullStr Could COVID‐19 Infect the Consumer Prices Index?
title_full_unstemmed Could COVID‐19 Infect the Consumer Prices Index?
title_short Could COVID‐19 Infect the Consumer Prices Index?
title_sort could covid‐19 infect the consumer prices index?
topic Symposium: COVID‐19 and the Economy
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7300548/
https://www.ncbi.nlm.nih.gov/pubmed/32836535
http://dx.doi.org/10.1111/1475-5890.12229
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