@article{Cook:150571,
      recid = {150571},
      author = {Cook,   Jonathan Aaron},
      title = {Does Chinese Inflation Understate Cost of Living?},
      address = {2013},
      pages = {24},
      year = {2013},
      abstract = {The Chinese consumer price index slightly overstates the  increase in the cost of living
 and thus understates the  growth in real income. Over the period 1995 to 2002, we  find that 
the annual growth in median urban household  income defl
ated by the cost of living was 7%,
which is  close to the growth in real GDP during this time. When  de
flated by official CPI, 
the median urban household sees  only a 3% increase in real income.},
      url = {http://ageconsearch.umn.edu/record/150571},
      doi = {https://doi.org/10.22004/ag.econ.150571},
}