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This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent period. While both economies have grown considerably, we illustrate significant cross-country differences in wage growth since the late 1980s. For this purpose, we make use of...
Persistent link: https://www.econbiz.de/10003652698
Persistent link: https://www.econbiz.de/10003872863
This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent period. While both economies have grown considerably, we illustrate significant cross-country differences in wage growth since the late 1980s. For this purpose, we make use of...
Persistent link: https://www.econbiz.de/10010268813
This paper empirically tests the validity of using only mean income as a representative variable for the whole population in the aggregate consumption relation and of assuming time-invariance of the coefficients in this relation, as done in macromodels. We use a statistical distributional...
Persistent link: https://www.econbiz.de/10010263071
Persistent link: https://www.econbiz.de/10009672955
Persistent link: https://www.econbiz.de/10011402704
Persistent link: https://www.econbiz.de/10001828691
This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent period. While both economies have grown considerably, we illustrate significant cross-country differences in wage growth since the late 1980s. For this purpose, we make use of...
Persistent link: https://www.econbiz.de/10013325173