The myth of post-reform income stagnation : evidence from Brazil and Mexico / prepared by Irineu de Carvalho Filho and Marcos Chamon.
Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns are in...
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