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This paper documents that virtually all of the growth in the skilled wage premium over the 1980s in the United States was confined to metropolitan areas. Explanations for the growing skilled premium will therefore need to take location into account.
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We estimate the consumer price index (CPI) bias in Korea by employing the approach of Engel's Law as suggested by Hamilton (2001). Using Korean panel data (Korean Labor and Income Panel Study) and following Hamilton's model with a non-linear specification correction, our estimation result shows...
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Many developing countries lack spatially disaggregated price data. Some analysts use "no-price" methods by using a food Engel curve to derive the deflator as that needed for nominally similar households to have equal food shares in all regions and time periods. This method cannot be tested in...
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