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This paper uses Engel curves to estimate real income growth in Brazil. The estimated per capita household real income …, implying a marked reduction in "real" inequality. This finding challenges the conventional wisdom that post-reform real income …
Persistent link: https://www.econbiz.de/10005768765
estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico … attributed to biases in the price deflator. The estimated unmeasured income gains are higher for poorer households, implying … marked reductions in "real" inequality. These findings challenge the conventional wisdom that post-reform income growth was …
Persistent link: https://www.econbiz.de/10005769214
income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts …
Persistent link: https://www.econbiz.de/10011123886