Filho, Irineu E. Carvalho; Chamon, Marcos - International Monetary Fund (IMF) - 2008
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 …