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Hardcover International and Interarea Comparisons of Income, Output, and Prices: Volume 61 Book

ISBN: 0226331105

ISBN13: 9780226331102

International and Interarea Comparisons of Income, Output, and Prices: Volume 61

(Part of the National Bureau of Economic Research Studies in Income and Wealth Series)

Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal terms, or by using exchange rates across countries, ignoring differences in price levels and thus distorting the results. Great progress has been made in interspatial comparisons in the past thirty years, but descriptions and discussions of the new measures have been scattered in unpublished...

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