Comparison of global income distributions based on purchasing power parity and exchange rates.
Khoo, Gin Lin.
Kwok, Sok Fong.
Lim, Li Tuan.
Date of Issue1999
College of Business (Nanyang Business School)
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 World Tables (PWT) and the International Financial Statistics (IFS) for the period 1960 to 1995.
Final Year Project (FYP)
Nanyang Technological University