Price Indices Created for the Project "Global Price Indices", 2019-2021

The dataset provides the price indices computed for the academic paper "Price and Global Inequality", available at https://www.xavierjaravel.com/papers. The data has been created as part of the project addressing two questions: (1) What are the implications of prices changes for inequality and standards of living? (2) To what extent do the price effects induced by policies alter the cost-benefit analysis of these policies? Despite extensive research, we currently lack detailed data as well as various empirical and theoretical tools to appropriately answer these questions. These questions are fundamental because it is well-known that individuals across the income distribution purchase different baskets of goods and services. Therefore, changes in prices or product availability over time can potentially have an important impact on inequality.