3 ms·
Does the new methodology include a negative hedonic adjustment for substitution of inferior goods? Anecdotally that sort of thing seems to have been on the rise
by jjoonathan 6y ago
Does the new methodology include a negative hedonic adjustment for substitution of inferior goods? Anecdotally that sort of thing seems to have been on the rise for a decade and by my reckoning this scenario should definitely count as inflation:
Wage stays constant
Price of health care goes up
Make do with worse health insurance
Price of housing goes up
Move in with parents / more roommates