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Comparing the Wealth of Nations : Reference Prices and Multilateral Real Income Indexes

Author

Listed:
  • Neary, J-P
  • Gleeson, B

Abstract

This paper considers the problem of comparing real incomes across countries. The available methods are reviewed and their performance is compared using the raw data underlying the Penn World Table.

Suggested Citation

  • Neary, J-P & Gleeson, B, 1997. "Comparing the Wealth of Nations : Reference Prices and Multilateral Real Income Indexes," Papers 97/19, College Dublin, Department of Political Economy-.
  • Handle: RePEc:fth:dublec:97/19
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    Cited by:

    1. Robert Hill & Daniel Melser, 2015. "Benchmark averaging and the measurement of changes in international income inequality," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(4), pages 767-801, November.
    2. J. Peter Neary, 2004. "Rationalizing the Penn World Table: True Multilateral Indices for International Comparisons of Real Income," American Economic Review, American Economic Association, vol. 94(5), pages 1411-1428, December.
    3. Neary, J Peter, 2000. "True Multilateral Indexes for International Comparisons of Real Income: Theory and Empirics," CEPR Discussion Papers 2590, C.E.P.R. Discussion Papers.

    More about this item

    Keywords

    WEALTH DISTRIBUTION ; INCOME DISTRIBUTION;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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