 Discussant Notes 2Timothy McDonald Chapter 8 in 2018 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, Wages and Purchasing Power for World's Major Cities, 2020, pp 643-644 from World Scientific Publishing Co. Pte. Ltd. Abstract: Thanks again for inviting me and it is wonderful to be speaking again on this issue of cost of living. I was invited last year after writing an article for BBC Capital that kind of looked a bit more closely at The Economist’s Cost of Living Index which consistently ranked Singapore at the top, and the reason was exclusively cars because Singapore has specific policies to make car ownership more expensive, the trade-off being that there are fewer cars on the road. Car ownerships rates here are very low and you do not have traffic jams here like you do in many other countries. Of course, it just underscores the difficulties of any realistic and meaningful measure of the cost of living. The research presented here and by The Economist’s index and the other major indices always rely on a number of assumptions… Keywords: Cost of Living; Purchasing Power; Wages; Expatriates; Ordinary Residents (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811208867_0008 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd. |
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