• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Global income inequality and cost-of-living adjustment : the Geary–Allen world accounts

Almås, Ingvild; Sørensen, Erik Ø.
Working paper
Thumbnail
View/Open
SAM2012.pdf (291.2Kb)
URI
http://hdl.handle.net/11250/163418
Date
2012-10
Metadata
Show full item record
Collections
  • Discussion papers (SAM) [607]
Abstract
Standard ways of measuring real income are known to be inconsistent with

consumer preferences. We provide preference-consistent estimates of real income,

based on the income-specific price indices that are consistent with nonhomothetic

preferences. We find that existing measures, such as Geary, GEKS and

GAIA, create systematic biases: the poorer is a country, the more its income is

overestimated by these measures. Consequently, international income inequality

is underestimated by the same measures.
Publisher
Norwegian School of Economics, Department of Economics
Series
Discussion paper;20/2012

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit