This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade … leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate … of the economy. Using a dynamic panel data model, the hypotheses of no long-run effects of trade on income and on income …

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 …

equalization set and an integrated intertemporal equilibrium. A number of results are obtained concerning trade, growth, and income …

distribution effect of income. Under certain assumptions on the evolution over time of the population of households ("structural … allows to analyze whether and how the distribution effect on income affects the aggregate consumption ratio. …

individual income tax. The paper proposes a generalized nonlinear model of effective income. …