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An Imperfect Approach for Looking at the Distribution of Household Wealth in Mexico 1984-2012

出版	SSRN, 2014
URL	http://books.google.com.hk/books?id=r-YWzwEACAAJ&hl=&source=gbs_api

註釋Our purpose is to analyze the degree of concentration of household wealth in Mexico during a period of intense economic reforms. Unlike the imputation method proposed by Davies et al. (2006 and 2010), we propose an observed data approach based on micro data. The use of physical units constitutes a relative advantage of our estimations in the following senses. First, we avoid well-recognized biases caused by the non-reporting and underreporting detected in monetary data. Second, we do not have to rely in values determined by households in the absence of “observable economic transactions”. And third, our experiment is replicable, a valuable resource that should be used much more in economics. Considering that we did not take into account the value of the selected items, the proposed Gini coefficients are probably downward biased. It suffices to say that, statistically speaking, we live in an almost perfectly unequal world, of which Mexico is a clear example.