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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...
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Price-adjusted data on national incomes applied in cross-country comparisons are measured with bias. By studying micro data, this paper finds that the bias is systematic: the poorer a country is, the more its income tends to be overestimated. Consequently, international income inequalities are...
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Comparing groups with respect to hypothetical constructs requires that the measurement models are equal across groups … multi-group confirmatory factor analysis to assess measurement invariance. The required steps in the analysis of the … GfK Market Research as an example. -- Measurement invariance ; partial metric invariance ; multi-group confirmatory …
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correcting for measurement error, wages appear to be very sticky. In the average quarter, the probability that an individual will …
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