05177oam 22013214 450 991097247610332120250426110924.0978661382793797814623286041462328601978145273197114527319779781283515481128351548297814519098831451909888(CKB)3360000000443721(EBL)3014549(SSID)ssj0000939924(PQKBManifestationID)11512675(PQKBTitleCode)TC0000939924(PQKBWorkID)10946352(PQKB)11361568(OCoLC)694141258(IMF)WPIEE2006275(MiAaPQ)EBC3014549(IMF)WPIEA2006275WPIEA2006275(EXLCZ)99336000000044372120020129d2006 uf 0engur|n|---|||||txtccrThe Myth of Post-Reform Income Stagnation in Brazil /Irineu de Carvalho Filho, Marcos Chamon1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (36 p.)IMF Working Papers"December 2006."9781451865356 145186535X Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. EMPIRICAL METHODOLOGY""; ""III. DATA""; ""IV. RESULTS""; ""V. EVIDENCE FROM DURABLE GOODS OWNERSHIP AND ANTHROPOMETRICS""; ""VI. CONCLUSION""; ""REFERENCES""This paper uses Engel curves to estimate real income growth in Brazil. The estimated per capita household real income growth in metropolitan areas during 1987-2002 is about 4½ percent per year, well above the "headline" growth of 1½ percent obtained by deflating nominal incomes by the CPI. This suggests a substantial CPI bias during that period, likely owing to one-off effects of trade liberalization and inflation stabilization. The estimated unmeasured gains are higher for poorer households, implying a marked reduction in "real" inequality. This finding challenges the conventional wisdom that post-reform real income growth in Brazil was low.IMF Working Papers; Working Paper ;No. 2006/275Inflation (Finance)BrazilStructural adjustment (Economic policy)BrazilConsumer Economics: Empirical AnalysisimfConsumer price indexesimfConsumptionimfDeflationimfEconomic Development: GeneralimfEconomic IntegrationimfEconomicsimfEnvironmental AccountsimfExpenditureimfExpenditures, PublicimfHousehold consumptionimfIncomeimfInflationimfMacroeconomicsimfMeasurement and Analysis of PovertyimfMeasurement and Data on National Income and Product Accounts and WealthimfNational accountsimfNational Government Expenditures and Related Policies: GeneralimfPersonal incomeimfPersonal Income, Wealth, and Their DistributionsimfPrice indexesimfPrice LevelimfPricesimfPublic finance & taxationimfPublic FinanceimfTotal expendituresimfUrban, Rural, and Regional Economics: Household Analysis: GeneralimfBrazilimfInflation (Finance)Structural adjustment (Economic policy)Consumer Economics: Empirical AnalysisConsumer price indexesConsumptionDeflationEconomic Development: GeneralEconomic IntegrationEconomicsEnvironmental AccountsExpenditureExpenditures, PublicHousehold consumptionIncomeInflationMacroeconomicsMeasurement and Analysis of PovertyMeasurement and Data on National Income and Product Accounts and WealthNational accountsNational Government Expenditures and Related Policies: GeneralPersonal incomePersonal Income, Wealth, and Their DistributionsPrice indexesPrice LevelPricesPublic finance & taxationPublic FinanceTotal expendituresUrban, Rural, and Regional Economics: Household Analysis: Generalde Carvalho Filho Irineu1815919Chamon Marcos1090692DcWaIMFBOOK9910972476103321The Myth of Post-Reform Income Stagnation in Brazil4372376UNINA