CPI Bias in Korea
We estimate the CPI bias in Korea by employing the approach of Engel’s Law as suggested by Hamilton (2001). This paper is the first attempt to estimate the bias using Korean panel data, Korean Labor and Income Panel Study(KLIPS). Following Hamilton’s model with nonlinear specification correction, o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
2007-12-01
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| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2007.11.2.176 |