The Myth of Post-Reform Income Stagnation: Evidence From Brazil and Mexico
Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns are in...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 08/197 |
| Schlagworte: | |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns are inconsistent with official estimates of near stagnant incomes. That is 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 low and did not benefit the poor |
| Beschreibung: | Includes bibliographical references |
| Beschreibung: | 1 Online-Ressource (52 p) |
| ISBN: | 1451870558 9781451870558 |
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| index_date | 2024-07-03T20:13:24Z |
| indexdate | 2024-07-10T09:35:32Z |
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| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Carvalho Filho, Irineu E. Verfasser aut The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico Carvalho Filho, Irineu E Washington, D.C International Monetary Fund 2008 1 Online-Ressource (52 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/197 Includes bibliographical references Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns are inconsistent with official estimates of near stagnant incomes. That is 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 low and did not benefit the poor Online-Ausg Consumer price indexes Brazil Econometric models Consumer price indexes Mexico Econometric models Income Brazil Econometric models Income Mexico Econometric models Electronic books Chamon, Marcos Sonstige oth http://elibrary.imf.org/view/IMF001/09524-9781451870558/09524-9781451870558/09524-9781451870558.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Carvalho Filho, Irineu E. The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico Consumer price indexes Brazil Econometric models Consumer price indexes Mexico Econometric models Income Brazil Econometric models Income Mexico Econometric models |
| title | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico |
| title_auth | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico |
| title_exact_search | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico |
| title_exact_search_txtP | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico |
| title_full | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico Carvalho Filho, Irineu E |
| title_fullStr | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico Carvalho Filho, Irineu E |
| title_full_unstemmed | The Myth of Post-Reform Income Stagnation Evidence From Brazil and Mexico Carvalho Filho, Irineu E |
| title_short | The Myth of Post-Reform Income Stagnation |
| title_sort | the myth of post reform income stagnation evidence from brazil and mexico |
| title_sub | Evidence From Brazil and Mexico |
| topic | Consumer price indexes Brazil Econometric models Consumer price indexes Mexico Econometric models Income Brazil Econometric models Income Mexico Econometric models |
| topic_facet | Consumer price indexes Brazil Econometric models Consumer price indexes Mexico Econometric models Income Brazil Econometric models Income Mexico Econometric models |
| url | http://elibrary.imf.org/view/IMF001/09524-9781451870558/09524-9781451870558/09524-9781451870558.xml |
| work_keys_str_mv | AT carvalhofilhoirineue themythofpostreformincomestagnationevidencefrombrazilandmexico AT chamonmarcos themythofpostreformincomestagnationevidencefrombrazilandmexico |