The myth of post-reform income stagnation in Brazil / / prepared by Irineu de Carvalho Filho and Marcos Chamon

• Autore: Carvalho Filho Irineu de
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (36 p.)
• Soggetto topico: Inflation (Finance) - Brazil; Structural adjustment (Economic policy) - Brazil
• Altri autori: ChamonMarcos
• Note generali: "December 2006."
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. EMPIRICAL METHODOLOGY""; ""III. DATA""; ""IV. RESULTS""; ""V. EVIDENCE FROM DURABLE GOODS OWNERSHIP AND ANTHROPOMETRICS""; ""VI. CONCLUSION""; ""REFERENCES""
• Sommario/riassunto: 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.
• Titolo autorizzato: The myth of post-reform income stagnation in Brazil
• ISBN: 1-4623-2860-1; 1-4527-3197-7; 1-283-51548-2; 1-4519-0988-8; 9786613827937
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910817302603321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/06/275.