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Methodological Problems in International Comparisons of the Cost of Living

Author

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  • Henri-J Ruff

    (University of Manchester)

  • Graham I Jackson

    (University of Manchester)

Abstract

At a time when increasing attention is being paid to the international comparison of the cost of living, this article begins with a catalog of the limitations of existing comparisons. The authors then analyze the major problems of estimation and interpretation. These problems include the determination of patterns of consumption and setting weights and prices; making monetary and fiscal adjustments; and, finally, accounting for international differences in the standard of living.© 1974 JIBS. Journal of International Business Studies (1974) 5, 57–67

Suggested Citation

  • Henri-J Ruff & Graham I Jackson, 1974. "Methodological Problems in International Comparisons of the Cost of Living," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 5(2), pages 57-67, June.
    • Handle: RePEc:pal:jintbs:v:5:y:1974:i:2:p:57-67
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