Abstract
The goal of this paper is to offer an alternative procedure to deflate the income values in Brazil. We base our proposed index on the National Consumer Price Index (INPC) calculated by the Brazilian Census Bureau (IBGE). However we make three adjustments: a) change in the date around which the index is centered; b) adjust the value for July, 1994; and c) extend the time serie for periods before the beginning of the INPC.
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