Comparison of global income distributions based on purchasing power parity and exchange rates.

• Main Authors: Khoo, Gin Lin., Kwok, Sok Fong., Lim, Li Tuan.
• Other Authors: Park, Donghyun
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::General
• Online Access: http://hdl.handle.net/10356/10828
• Institution: Nanyang Technological University

The two central objectives of our project are to (1) empirically confirm that comparing exchange rate-based national incomes actually does overstate inter-country income inequality and (2) if it does so, find out the extent of the overstatement. Our empirical analysis relies on data from the Penn Wo...