U.S. inflation, as measured by the GDP deflator, was about 21.2% (cumulative) between 2005 and 2016. You can check that here:https://fred.stlouisfed.org/series/GDPDEF
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I've found some wack shit in the PWT before, which they admitted and promised to fix (but never actually fixed!). http://noahpinionblog.blogspot.com/2015/11/big-tfp-data-mystery.html … It's possible that version miscoded SLV in that release. The updated numbers are close to World Bank and CIA.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Ooops, sorry, indeed 2000. Still weird, as you say.
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Yeah, I try never to use the PWT if I can help it. So if this kind of error was pervasive in that release instead of isolated,
@m_clem's paper could be messed up, and the peak of emigration pressure could be misidentified. -
In any case, when Mexican immigration collapsed (2007), Mexico's per capita GDP PPP via World Bank #'s was about 74% higher than El Salvador's was in 2017. BUT, its total fertility rate in 2007 was 2.42, vs. 2.08 in El Salvador in 2016.
End of conversation
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