The Experts below are selected from a list of 360 Experts worldwide ranked by ideXlab platform
Bo Malmberg - One of the best experts on this subject based on the ideXlab platform.
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the urban hierarchy and domestic migration the interaction of internal migration disposable income and the Cost of Living sweden 1993 2002
Journal of Economic Geography, 2011Co-Authors: Martin Korpi, William A V Clark, Bo MalmbergAbstract:This paper examines the variation in gains and losses from migration within the Swedish urban hierarchy. The central questions focus on whether increases in disposable income outweigh the associated increases in housing Costs, especially with movements up the urban hierarchy to larger and more expensive locations. The paper extends the literature which considers Cost of Living adjustments associated with individual and household migration. The questions are addressed using Swedish Census data for 3.5 million individuals and two fixed effect panel models are estimated for four consecutive time periods, 1993-2002. The results consistently show relatively higher increases in disposable income moving up the urban hierarchy. Taking changes in housing expenditure into account, this pattern is however reversed; the largest gains are made by households moving from larger to smaller labour markets, a significantly smaller share of total domestic migration. The results point to factors beyond short term nominal income gains as important in explaining the bulk of domestic migration.
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the urban hierarchy and domestic migration the interaction of internal migration disposable income and the Cost of Living sweden 1993 2002
Journal of Economic Geography, 2011Co-Authors: Martin Korpi, William A V Clark, Bo MalmbergAbstract:This article examines household gains and losses from migration within the Swedish urban hierarchy. The central questions focus on whether increases in disposable income outweigh the associated cha ...
Clint Levitt - One of the best experts on this subject based on the ideXlab platform.
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Cost of Living real wages and real incomes in thirteen canadian cities 1900 1950
2002Co-Authors: J Herbert C Emery, Clint LevittAbstract:Price indices for thirteen Canadian cities for 1900 to 1950 demonstrate large regional differences in Cost of Living until 1914. After 1914 regional price levels converged. Before the war, western Canadian cities had the highest Cost of Living. After 1920 cities in Ontario had the highest Cost of Living. Accounting for these trends in regional Costs of Living reveals that regional real wage and real income structures have been present and stable since at least 1901. Thus, regional wage and income disparities are long-standing and persistent features of the Canadian economy.
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Cost of Living real wages and real incomes in thirteen canadian cities 1900 1950
Canadian Journal of Economics, 2002Co-Authors: J Herbert C Emery, Clint LevittAbstract:Price indices for thirteen Canadian cities for 1900 to 1950 demonstrate large regional differences in Cost of Living until 1914. After 1914 regional price levels converged. Before the war, western Canadian cities had the highest Cost of Living. After 1920 cities in Ontario had the highest Cost of Living. Accounting for these trends in regional Costs of Living reveals that regional real wage and real income structures have been present and stable since at least 1901. Thus, regional wage and income disparities are long-standing and persistent features of the Canadian economy. Cout de la vie, salaires reels et revenus reels dans treize villes canadiennes. Les indices de prix pour treize villes canadiennes entre 1900 et 1950 montrent qu’il y avait de fortes differences dans le cout de la vie jusqu’en 1914. Apres 1914, il y a convergence des niveaux de prix regionaux. Avant la guerre, les villes de l’ouest canadien avaient le cout de la vie le plus eleve. Apres 1920, des villes de l’Ontario vont avoir le plus haut cout de la vie. Si l’on tient compte de ces tendances regionales dans les niveaux du cout de la vie, il appert que des structures de salaires et de revenus reels ont ete en place et stables depuis 1901. Donc, les disparites regionales de salaires et de revenus sont des caracteristiques deja anciennes et persistantes de l’economie canadienne.
Jack E. Triplett - One of the best experts on this subject based on the ideXlab platform.
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should the Cost of Living index provide the conceptual framework for a consumer price index
The Economic Journal, 2001Co-Authors: Jack E. TriplettAbstract:In some countries, the Cost-of-Living (COL) index serves as the conceptual framework for the CPI, but it has been rejected in others. This paper reviews issues that have arisen in the statistical agency debate and in the economics literature on the COL index, including rhetorical matters which have influenced the debate. I contend that COL theory is useful as a decision-making framework in estimating components of the CPI, and that COL index theory provides appropriate guidance for measuring consumer inflation, contrary to the view that has been adopted for the European HICP and expressed by an advisory committee for the RPI.
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should the Cost of Living index provide the conceptual framework for a consumer price index
The Economic Journal, 2001Co-Authors: Jack E. TriplettAbstract:In some countries, the Cost-of-Living (COL) index serves as the conceptual framework for the CPI, but it has been rejected in others. This paper reviews issues that have arisen in the statistical agency debate and in the economics literature on the COL index, including rhetorical matters which have influenced the debate. I contend that COL theoiy is useful as a decision-making framework in estimating components of the CPI, and that COL index theory provides appropriate guidance for measuring consumer inflation, contrary to the view that has been adopted for the European HICP and expressed by an advisory committee for the RPI. In several countries (the United States, Netherlands, Sweden), the theory of the Cost-of-Living (COL) index provides the conceptual framework for the country's consumer price index (CPI)-see United States Department of Labor (1997), Balk (1994), and Dalen (1999). Others reject the Cost-of-Living index framework-an example is the Australian Bureau of Statistics (1997). Rejection of the COL index is also explicit in an RPI advisory committee recommendation in the United Kingdom. In still other countries, Canada being an example, official documents for the CPI are ambiguous about the role of the COL index (Statistics Canada, 1995). The international guideline for consumer price indexes, the ILO manual (Turvey, 1989), does not even mention the COL index. The question has taken on heightened interest recently. Part of the stimulus comes from the European Union's relatively new Harmonised Indexes of Consumer Prices (HICP). For the HICPs, Eurostat has rejected the COL
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should the Cost of leaving index provide the conceptual framework for a consumer price index
1999Co-Authors: Jack E. TriplettAbstract:Does a consumer price index (CPI) need an underlying conceptual framework? If so, should it be the theory of the Cost-of-Living (COL) index?
Martin Korpi - One of the best experts on this subject based on the ideXlab platform.
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the urban hierarchy and domestic migration the interaction of internal migration disposable income and the Cost of Living sweden 1993 2002
Journal of Economic Geography, 2011Co-Authors: Martin Korpi, William A V Clark, Bo MalmbergAbstract:This paper examines the variation in gains and losses from migration within the Swedish urban hierarchy. The central questions focus on whether increases in disposable income outweigh the associated increases in housing Costs, especially with movements up the urban hierarchy to larger and more expensive locations. The paper extends the literature which considers Cost of Living adjustments associated with individual and household migration. The questions are addressed using Swedish Census data for 3.5 million individuals and two fixed effect panel models are estimated for four consecutive time periods, 1993-2002. The results consistently show relatively higher increases in disposable income moving up the urban hierarchy. Taking changes in housing expenditure into account, this pattern is however reversed; the largest gains are made by households moving from larger to smaller labour markets, a significantly smaller share of total domestic migration. The results point to factors beyond short term nominal income gains as important in explaining the bulk of domestic migration.
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the urban hierarchy and domestic migration the interaction of internal migration disposable income and the Cost of Living sweden 1993 2002
Journal of Economic Geography, 2011Co-Authors: Martin Korpi, William A V Clark, Bo MalmbergAbstract:This article examines household gains and losses from migration within the Swedish urban hierarchy. The central questions focus on whether increases in disposable income outweigh the associated cha ...
Munseob Lee - One of the best experts on this subject based on the ideXlab platform.
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Cost of Living inequality during the great recession
Journal of the European Economic Association, 2021Co-Authors: David Argente, Munseob LeeAbstract:Using detailed barcode level data, we construct income-group specific price indices for the period of 2004 to 2010. We find substantial differences across income groups arising mainly during the Great Recession. The annual Cost of Living inflation of the highest quartile has been on average 0.7 percentage points lower than that of the lowest quartile of the income distribution. The difference can be explained by the way consumers adjusted their shopping behavior to mitigate the crisis. We find that product quality substitution, a margin mostly available to richer households, is the main mechanism explaining the differences in Cost of Living inflation. Our evidence suggests that not accounting for these differences during economic downturns could lead to significant biases in the calculation of inequality and poverty measures.
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measuring the Cost of Living in mexico and the us
Social Science Research Network, 2020Co-Authors: David Argente, Changtai Hsieh, Munseob LeeAbstract:Cross-country price indexes are crucial to compare Living standards between countries and to measure global inequality. An accurate measurement of these price indexes is a difficult task because of the lack of accurate data on the consumption patterns of different countries. We construct a unique data on prices and quantities for consumer packaged goods matched at the barcode-level across the United States and Mexico. We estimate that the Mexican real consumption relative to the United States is larger than previously estimated. We identify heterogeneity in shopping behavior, quality of products, and variety availability as important sources of bias in international price comparisons. Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
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measuring the Cost of Living in mexico and the us
Research Papers in Economics, 2020Co-Authors: David Argente, Changtai Hsieh, Munseob LeeAbstract:Cross-country price indexes are crucial to compare Living standards between countries and to measure global inequality. An accurate measurement of these price indexes has proven to be a difficult task because of the lack of accurate data on the consumption patterns of different countries. In this paper, we construct a unique data on prices and quantities for consumer packaged goods matched at the barcode-level across two countries, United States and Mexico. We estimate that the Mexican real consumption relative to the United States is larger than previously estimated. We identify heterogeneity in shopping behavior, quality of products, and variety availability as important sources of bias in international price comparisons.
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measuring the Cost of Living in mexico and the us
National Bureau of Economic Research, 2020Co-Authors: David Argente, Changtai Hsieh, Munseob LeeAbstract:Cross-country price indexes are crucial to compare Living standards between countries and to measure global inequality. An accurate measurement of these price indexes is a difficult task because of the lack of accurate data on the consumption patterns of different countries. We construct a unique data on prices and quantities for consumer packaged goods matched at the barcode-level across the United States and Mexico. We estimate that the Mexican real consumption relative to the United States is larger than previously estimated. We identify heterogeneity in shopping behavior, quality of products, and variety availability as important sources of bias in international price comparisons.
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Cost of Living inequality during the great recession
Social Science Research Network, 2016Co-Authors: David Argente, Munseob LeeAbstract:We construct income-specific price indices for the period from 2004 to 2010. We find substantial differences across income groups that arise during the Great Recession. The annual inflation in the Cost of Living of the highest quartile is on average 0.59 percentage points lower than that of the lowest quartile of the income distribution. We find that product quality substitution, a margin mostly available to richer households, is the main mechanism explaining the differences. Our evidence shows that not accounting for these differences could lead to significant biases in the calculation of inequality and poverty measures.
