Did you look at the World Bank PPP numbers, or are you just being belligerent at this point?
-
-
Replying to @Noahpinion
I did. As I pointed out above, the link you posted says 'current international $'. Current is the key word. [I've asked for a 2nd opinion on this from an international econ friend. I'll see what he says.]
1 reply 0 retweets 0 likes -
Replying to @nowherenorthere
PPP is measured in current international dollars. That's what it is.
1 reply 0 retweets 0 likes -
Replying to @Noahpinion
Since it CURRENT international dollars the per capita income series you posted isn't inflation adjusted. Real per capita income in El Salvador hasn't doubled. You need to take inflation out if you want to see how much richer people are getting. That's my only point.
1 reply 0 retweets 1 like -
Replying to @nowherenorthere
Your problem is with the research I linked to, not with my PPP numbers. You're arguing that the PPP threshold for the immigration/PPP function should be inflation-adjusted. You should check the paper I linked to and see what they say about that.
2 replies 0 retweets 0 likes -
Replying to @Noahpinion
That paper uses "Real GDP per capita is in 2005 PPP US$". That is 2005 PPP US$, NOT current PPP US$. That's my point. The paper you're citing does the sensible thing and inflation adjusts. Your graph does not inflation adjust.pic.twitter.com/QvZdz0yxQX
1 reply 0 retweets 1 like -
Replying to @nowherenorthere @Noahpinion
Now Here Not There Retweeted Noah Smith
I very much suggest a 2nd opinion. '2005 PPP US$' isn't the same thing as 'current PPP US$.' It matters.https://twitter.com/Noahpinion/status/1054394152962600960 …
Now Here Not There added,
Noah SmithVerified account @NoahpinionReplying to @Noahpinion @nowherenorthereAlso note that since U.S. inflation has been low for a while, real per capita PPP income in El Salvdor HAS doubled. Now I must fly on a plane. I have dealt successfully with this failed attempt at critique. My numbers are correct. (end)2 replies 0 retweets 1 like -
Replying to @nowherenorthere @Noahpinion
@m_clem Noah Smith uses per capita income in 'current PPP US$' to analyze migration flows, citing one of your papers (which uses '2005 PPP US$'). When I pointed out that using current PPP US$ isn't a good idea, Noah wasn't receptive (see above).1 reply 0 retweets 1 like -
Now Here Not There Retweeted Noah Smith
Noah's use of data is here. https://twitter.com/Noahpinion/status/1054089185294864384 … Noah cites your paper here.https://twitter.com/Noahpinion/status/1054089582780661760 …
Now Here Not There added,
1 reply 0 retweets 2 likes -
This comes down to Noah claiming that real per capita income in El Salvador has doubled since 1999 citing current PPP US$ per capita income, while I disagree (saying you need to use some deflated income time series).
1 reply 0 retweets 0 likes
Noah Smith Retweeted Noah Smith
Please see this other branch of the thread:https://twitter.com/Noahpinion/status/1054433255162896386 …
Noah Smith added,
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.