Abstract

MONTENEGRO, Alvaro  and  RAMIREZ, Lina M.. Effect of inflation on elderly colombians. Rev.econ.inst. [online]. 2016, vol.18, n.35, pp.197-206. ISSN 0124-5996.  https://doi.org/10.18601/01245996.v18n35.10.

This paper uses Colombian data to compare the impact of inflation on the elderly and the general population. On average, the elderly spend a greater proportion on housing and health and less on education. Between December 2008 and May 2015, they experienced a higher inflation rate than the rest of the population. Lower income elderly households spend a higher share of their income on housing and food, and face higher inflation than wealthier elderly households.

Keywords : elderly; price inflation; expenditure survey; income quintiles.

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