The Myth of Post-Reform Income Stagnation in Brazil
| Author/creator | Filho, Irineu E. Carvalho Author |
| Other author | Chamon, Marcos Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 26 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation 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 4 percent per year, well above the headline growth of 1 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. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451909883 |
| ISBN | 1451909888 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |