Elite incomes around the world: Command over tradables, non-tradables, and people

Autor: Segal, Paul, Moatsos, Michail
Přispěvatelé: Macro, International & Labour Economics, RS: GSBE other - not theme-related research
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Popis: This paper analyses elite incomes around the world, and how international comparisons of elite incomes vary depending on the exchange rate and income concept used. It is well known that between-country income inequality is higher using market exchange rates than purchasing power parity (PPP) exchange rates, due to a combination of traded sector bias and the Balassa-Samuelson effect, and we confirm that this is the case for comparing elite incomes across countries.
Databáze: OpenAIRE