This work contains three essays on Macroeconomics and the implications of dispersion in paid prices as well as the consumption choices of households. All three make use of the Microdata, which documents households’ consumption choices and prices paid at the individual product level. This allows for an accurate measurement of, for example, paid prices, but also inŕation rates directly at the household level. Additionally, it opens the possibility of comparingconsumption baskets of different households or the same households over time at
a level of granularity so far absent in the literature. Measuring directly at the household level is important to draw valid conclusions about either inequality or welfare.
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