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|c 5.00 USD
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|z 9781451865356
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|a 1018-5941
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|a de Carvalho Filho, Irineu.
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|a The Myth of Post-Reform Income Stagnation in Brazil /
|c Irineu de Carvalho Filho, Marcos Chamon.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2006.
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|a 1 online resource (34 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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 1\2 percent per year, well above the "headline" growth of 1 1\2 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.
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|a Mode of access: Internet
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|a Chamon, Marcos.
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|a IMF Working Papers; Working Paper ;
|v No. 2006/275
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2006/275/001.2006.issue-275-en.xml
|z IMF e-Library
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