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    Comparison of metrics obtained with analytic perturbation theory and a numerical code

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    We compare metrics obtained through analytic perturbation theory with their numerical counterparts. The analytic solutions are computed with the CMMR post-Minkowskian and slow rotation approximation due to Cabezas et al. (2007) for an asymptotically flat stationary spacetime containing a rotating perfect fluid compact source. The same spacetime is studied with the AKM numerical multi-domain spectral code (Ansorg et al., 2002,2003). We then study their differences inside the source, near the infinity and in the matching surface, or equivalently, the global character of the analytic perturbation scheme.Comment: 4 pages, 2 figures and 1 table. To appear in the proceedings of the 2011 Spanish Relativity Meeting ERE201

    The plutocratic bias in the CPI : evidence from Spain

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    We define the plutocratic bias as the difference between the inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. (i) We estimate that during the 1990s the plutocratic bias in Spain amounts to 0.055 per cent per year, or about one third of the classical substitution bias estimated by the Boskin Commission for the U.S. (ii) We find that a 16-dimensional commodity space can be conveniently reduced to 3 dimensions, consisting of a luxury good and two necessities. The price behavior of these 3 goods provides a convincing explanation of the oscillations experimented by the plutocratic bias. (iii) Finally, the fact that the plutocratic bias is positive during this period, implies that the change in money income inequality is between 2 and 5 per cent greater than the change in real income inequality. We study the robustness of these results to the time period considered and to the definition of the group index which serves as an alternative to the CPI. We estimate that during the 1980s and the second part of the 1970s in Spain, the plutocratic bias is 0.033 and 0.239 per cent per year, respectively

    The plutocratic gap in the CPI : evidence from Spain

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    The plutocratic gap is defined as the difference between the inflation measured according to the current official consumer price index (CPI) and a democratic index in which all households receive the same weight. During 1992–97, the plutocratic gap in Spain averaged 0.055 percentage points a year. Since positive and negative gaps cancel out, however, the average absolute gap is significantly larger: 0.090 percentage points a year. For the purposes of accounting for the plutocratic gap, a 53-dimensional commodity space can be conveniently reduced to two dimensions: a luxury index and a necessities index.Publicad
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