Rationalizing the Penn World Table: true multilateral indices for international comparisons of real income

Real incomes are routinely compared internationally using methods that "correct" for deviations from purchasing power parity. The most widely used of these is the Geary method which, though theoretically suspect, underlies the Penn World Table. This paper provides a theoretical foundation...

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Tác giả chính: Neary, J
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: American Economic Association 2004
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