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Debates on the Measurement of Global Poverty

Sudhir Anand, Paul Segal, and Joseph E. Stiglitz (eds)

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199558032
eISBN:
9780191721335
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199558032.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

The international community's commitment to halve global poverty by 2015 has been enshrined in the first Millennium Development Goal. How global poverty is measured is a critical element in assessing ... More


Use of Country Purchasing Power Parities for International Comparisons of Poverty Levels: Potential and Limitations

Bettina Aten and Alan Heston

in Debates on the Measurement of Global Poverty

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199558032
eISBN:
9780191721335
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199558032.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This chapter takes up two interrelated issues of monetary measures of poverty: what prices and what expenditure weights should be used when comparing the purchasing power parity of currencies. The ... More


Country Comparisons

Fred Campano and Dominick Salvatore

in Income Distribution: Includes CD

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195300918
eISBN:
9780199783441
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195300912.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter compares the living standards between countries. Per capita comparisons and the estimation of international poverty thresholds are discussed in light of purchasing power parity and ... More


A Primer on Exchange Rate Behavior

JAMES R. LOTHIAN and MARK P. TAYLOR

in International Finance: A Survey

Published in print:
2012
Published Online:
May 2013
ISBN:
9780199754656
eISBN:
9780199979462
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199754656.003.0002
Subject:
Economics and Finance, Financial Economics, International

Exchange rate behavior has been a major concern in international finance since the breakdown of the Bretton Woods system of pegged exchange rates in the early 1970s. This chapter reviews the ... More


Regional Output Differences in International Perspective

Ravi Kanbur and Anthony J. Venables

in Spatial Inequality and Development

Published in print:
2005
Published Online:
April 2005
ISBN:
9780199278633
eISBN:
9780191602191
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199278636.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

Accurate regional estimates of output are desired as an indicator of level of development and as a variable used to explain internal migration, demand patterns, fertility and other aspects of ... More


The Natural Real Exchange Rate of the United States Dollar, and Determinants of Capital Flows

Jerome L. Stein

in Fundamental Determinants of Exchange Rates

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293064
eISBN:
9780191596940
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198293062.003.0002
Subject:
Economics and Finance, Macro- and Monetary Economics, International

To what extent has the real exchange rate of the US dollar been as stable as is justified by the ”fundamentals” – fiscal policy, private saving ratio, productivity, rate of return on investment, real ... More


The transition economies: A NATREX evaluation of research 1

Jerome L. Stein

in Stochastic Optimal Control, International Finance, and Debt Crises

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199280575
eISBN:
9780191603501
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199280576.003.0006
Subject:
Economics and Finance, Financial Economics

On the basis of the NATREX model, several key studies are evaluated to answer the questions: How can the trends in the real exchange rates of the transition economies of Eastern Europe be explained? ... More


Growth and Poverty in a Globalizing World

Fred Campano and Dominick Salvatore

in Income Distribution: Includes CD

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195300918
eISBN:
9780199783441
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195300912.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter looks at the controversy surrounding the benefits/drawbacks of globalization. The current trend of globalization of production and labor markets, and the connection between globalization ... More


China is Poorer than We Thought, but No Less Successful in the Fight against Poverty 1

Shaohua Chen and Martin Ravallion

in Debates on the Measurement of Global Poverty

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199558032
eISBN:
9780191721335
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199558032.003.0015
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

In 2005, China participated for the first time in the International Comparison Program (ICP), which collects primary data across countries on the prices for an internationally comparable list of ... More


Traditional Approaches to Measuring Macroeconomic Exposure

Lars Oxelheim and Clas Wihlborg

in Corporate Decision-Making with Macroeconomic Uncertainty: Performance and Risk Management

Published in print:
2008
Published Online:
May 2009
ISBN:
9780195335743
eISBN:
9780199868964
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195335743.003.0003
Subject:
Economics and Finance, Financial Economics

Traditional, as well as more recent concepts of exposure to exchange rates, interest rates, and inflation are reviewed and compared in this chapter. All exposure measures can be interpreted as ... More


International Comparisons of R&D Expenditure: Does and R&D PPP Make a Difference?

Sean M. Dougherty, Robert Inklaar, Robert H. McGuckin, and Bart van Ark

in Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches

Published in print:
2007
Published Online:
February 2013
ISBN:
9780226044491
eISBN:
9780226044507
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226044507.003.0011
Subject:
Economics and Finance, Microeconomics

This chapter brings together a wide range of statistical data to develop relative R&D prices for nineteen manufacturing industries in six countries—France, Germany, Japan, the Netherlands, the United ... More


The Penn Effect: Decoupling and Recoupling in the Price-Income Relationship?

Eiji Fujii

in Global Interdependence, Decoupling, and Recoupling

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019804
eISBN:
9780262314442
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019804.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter considers the issue of decoupling and recoupling through a window of the well-known positive relationship between national price and per capita income levels. Specifically, it ... More


Measuring Health Services in the National Accounts: An International Perspective

Paul Schreyer, Matilde Mas, and J. Steven Landefeld

in Measuring and Modeling Health Care Costs

Published in print:
2018
Published Online:
January 2019
ISBN:
9780226530857
eISBN:
9780226530994
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226530994.003.0002
Subject:
Economics and Finance, Econometrics

Health expenditure accounts for between 4 and 15% of GDP in OECD countries and constitutes one of the most important expenditure items. We review the concepts that the System of National Accounts ... More


Protection and Real Wages: The Stolper–Samuelson Theorem

Rachel McCulloch

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0016
Subject:
Economics and Finance, History of Economic Thought

This chapter examines the Stolper–Samuelson's Theorem under varying conditions and assumptions. Using a previous reformulation of the theorem, it demonstrates that when the relative prices for ... More


Positive Growth Prospects for China and India

in The World Under Pressure: How China and India Are Influencing the Global Economy and Environment

Published in print:
2011
Published Online:
June 2013
ISBN:
9780804777131
eISBN:
9780804778862
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804777131.003.0004
Subject:
Economics and Finance, South and East Asia

This chapter examines the economic growth prospects of China and India, first by analyzing why the two countries were affected less than the rest of the world by the economic and financial crisis of ... More


The Cost of Living

Nicola Amendola

in Measuring Wellbeing: A History of Italian Living Standards

Published in print:
2017
Published Online:
March 2017
ISBN:
9780199944590
eISBN:
9780190218850
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199944590.003.0015
Subject:
Economics and Finance, Economic History

Despite the fact that Italy has recently celebrated the 150th anniversary of its political unification, geographical disparities stand out as a prominent characteristic of the Italian economy. In ... More


Adopting a Common Currency Basket Arrangement into the ASEAN Plus Three

Eiji Ogawa and Kentaro Kawasaki (eds)

in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226386829
eISBN:
9780226387086
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387086.003.0008
Subject:
Economics and Finance, South and East Asia

A generalized-purchasing power parity (G-PPP) model is used to investigate whether a region is an Optimum Currency Area (OCA). The G-PPP is based on a PPP to extend to a multilateral exchange-rate ... More


End of Divergence: Beginnings of Convergence?

Deepak Nayyar

in Catch Up: Developing Countries in the World Economy

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199652983
eISBN:
9780191761263
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199652983.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

The changes in the significance of developing countries in the world economy during the period from 1950 to 2010 provide a sharp contrast when compared with the period from 1820 to 1950. In terms of ... More


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