000			01620nab a2200289 c 4500
999			_c148487 _d148487
003			ES-MaIEF
005			20231120142311.0
007			ta
008			231120t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_971172 _aCavallo, Alberto
245		0	_aProduct variety, the cost of living, and welfare across countries _c Alberto Cavallo, Robert C. Feenstra and Robert Inklaar
500			_aResumen.
504			_aBibliografía.
520			_aWe use the structure of the Melitz (2003) model to compute the cost of living and welfare across 47 countries, and compare these to conventional measures of prices and real consumption from the International Comparisons Project (ICP). The cost of living is inferred without directly using ICP prices of traded goods and instead relying on output prices, openness, domestic trade costs, and product variety measured by the counts of barcodes or firms. We find that welfare relative to the United States is lower than indicated by real consumption for most countries, but similar in China and Japan and similar or higher in some European countries.
650			_aCONSUMO _940658
650			_aRIQUEZA _944024
650		4	_941426 _aCOSTE DE LA VIDA
650		4	_947836 _aNIVEL DE VIDA
650		4	_aPRECIOS _948092
650		4	_933421 _aBIENESTAR SOCIAL
650		4	_947776 _aMODELOS ECONOMETRICOS
700			_915153 _aFeenstra, Robert C.
700			_954765 _aInklaar, Robert
773	0		_9170628 _oOP 2137/2023/4 _tAmerican Economic Journal : Macroeconomics _w(IEF)64915 _x 1945-7707 _g v. 15, n. 4, October 2023, p. 40-66
942			_cART