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consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10011338007
of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation … inequality and poverty. We conclude that differences in estimation methods for equivalence scales might be less important than …
Persistent link: https://www.econbiz.de/10011764530
consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10014070088
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is substantial and systematic: the poorer a country, the more its...
Persistent link: https://www.econbiz.de/10013135914
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected real incomes. The bias is substantial and systematic: the poorer is a country, the...
Persistent link: https://www.econbiz.de/10003746708
Persistent link: https://www.econbiz.de/10001642012
Average Derivative Estimation technique to estimate these coefficients of the aggregate relation in the Family Expenditure …
Persistent link: https://www.econbiz.de/10011539659
Changes in the relative prices of commodities consumed in different shares across income groups are known to influence real measures of inequality. Using household budget survey and price data in Mozambique from 2002/03 and 2008/09, we show that accounting for the relative price changes driven...
Persistent link: https://www.econbiz.de/10010413135
Changes in relative prices of commodities consumed in different shares across income groups can be expected to alter real income differentials between these groups. Using Mozambican household budget survey and price data from 2002/03 and 2008/09, we show that once relative price increases are...
Persistent link: https://www.econbiz.de/10010490165
The inequality growth during the last quarter century is explained as caused by a decreasing labor-labor exchange rate, i.e. devaluation of one's labor in exchange for other's labor embodied in the commodities affordable for one's earnings. We show that the productivity growth allows employers...
Persistent link: https://www.econbiz.de/10011436952