tag:blogger.com,1999:blog-6297413898275266606.post6081420179275790026..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Documenting Income Inequality: 2012 Updatehishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-6297413898275266606.post-26614898089610315612013-09-22T21:49:33.129+08:002013-09-22T21:49:33.129+08:00@anon 4.09
No they are not included.@anon 4.09<br /><br />No they are not included.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-25450941982995114332013-09-22T16:09:05.017+08:002013-09-22T16:09:05.017+08:00Hishamh,
The raw data that made up these charts,...Hishamh, <br /><br />The raw data that made up these charts, do they get normalised first? That is, the billionaires, are they included in these data?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-78650540637595708422013-09-18T23:48:49.565+08:002013-09-18T23:48:49.565+08:00@Jasper Bloodstone
I am talking about dollar per ...@Jasper Bloodstone<br /><br />I am talking about dollar per dollar, a person working in MY the same position gets paid less than Singapore.<br /><br />Does subsidy has a hand in that? As price distortion and inefficiency is caused by subsidy.<br /><br />@Whistleblower<br /><br />very interesting article. Singapore's domestic purchasing power is comparable to Malaysia. Johor is really a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-26588776790237268572013-09-17T23:49:38.315+08:002013-09-17T23:49:38.315+08:00IN the interests of fairness, here's the links...IN the interests of fairness, here's the links referred to:<br /><br /><a href="http://thehearttruths.com/2013/02/07/eugene-yeo-an-analysis-of-the-ubs-study-singapore-has-the-lowest-wages-and-domestic-purchasing-power-among-the-asian-tigers/" rel="nofollow">link</a><br /><br /><a href="http://thehearttruths.com/2013/09/05/the-poor-do-not-deserve-help-because-they-are-not-hardworking-true/" hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-86109569410482418852013-09-17T23:40:16.141+08:002013-09-17T23:40:16.141+08:00The links were good i must say and it is a pity, a...The links were good i must say and it is a pity, anyhow, thanks Whistleblower for sharing.<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-17599269585425433142013-09-17T17:32:13.596+08:002013-09-17T17:32:13.596+08:00Whistleblower,
If that wasn't you, then my si...Whistleblower,<br /><br />If that wasn't you, then my sincere apologies.<br /><br />Clean comments of any kind will be left alone. You are free to disparage each other's opinions (or mine for that matter) to your hearts content. Foul language, racist epithets or ad hominem attacks however will be terminated with extreme prejudice.<br /><br />Unfortunately, Blogger doesn't allow hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77784444049977178312013-09-17T17:17:11.261+08:002013-09-17T17:17:11.261+08:00Hoi, hold your horses, blogger or you will burst a...Hoi, hold your horses, blogger or you will burst a vein over nothing.<br /><br />You have done it again i.e, twisting comments outta their shape and spin into needless rage mode to boot.<br /><br />You see, I dint call you names, not even one of the cloven-hoofed variety. That was directed at Mr Idiot You-Who.<br /><br />Anon 12.09 was talking about something else and Mr Idiot butted in Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-79542637130571799392013-09-17T09:28:17.687+08:002013-09-17T09:28:17.687+08:00@Jasper,
No, the rules have not changed. But gene...@Jasper,<br /><br />No, the rules have not changed. But generally weekends is family time, and I'm usually offline.<br /><br />As for Malaysian working in Singapore, I wasn't aware that I had to explain anything. Singapore has a higher income level, which is self-evident. But that has little to do with the nominal rate of exchange. One day, I'll write a post showing the evidence, but hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-51117916620504238322013-09-15T20:15:28.138+08:002013-09-15T20:15:28.138+08:00And, Hisham - how do you explain the reality that ...And, Hisham - how do you explain the reality that hundreds of Malaysians cross the Causeway daily to work in Singapore?<br /><br />Are they deluded individuals or rational practitioners of purchasing power theory and the doctrine of comparative advantage?<br /><br />Or, maybe, it's as basic as 1 Singapore Dollar fetching 2.5+ Ringgit?<br /><br />And, maybe, some Malaysians can't be Jasper Bloodstonenoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-80907602618600250052013-09-15T20:06:30.154+08:002013-09-15T20:06:30.154+08:00Oh, really?
I suppose that Malaysia is now classi...Oh, really?<br /><br />I suppose that Malaysia is now classified as a "tiger economy"?<br /><br />It has "graduated" from the ranks of the developing economies, yes?<br /><br />And I love pushing this guy's buttons - The Whistleblower aka Warrior 231. It doesn't take much to set him off....pity, though, that he's whistling in the wind.<br /><br />Btw, Hisham - I Jasper Bloodstonenoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-1297726337955804192013-09-14T18:36:55.112+08:002013-09-14T18:36:55.112+08:00Greg,
This is from publicly available data. I can...Greg,<br /><br />This is from publicly available data. I can't publish anything more than that, unfortunately. However, whenever you're in town drop me a line...hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-30645742625099497062013-09-14T15:44:49.170+08:002013-09-14T15:44:49.170+08:00Purchasing power parity? The Big Mac Index?
You m...Purchasing power parity? The Big Mac Index?<br /><br />You might as well ask why a bus driver with SBS or SMRT in Singapore is paid around S$1,500 per month. For Singaporeans, this is "low wage". For Malaysians, apply a conversion rate of 2.5 Ringgit to 1 Sing Dollar, and watch their eyes light up.Jasper Bloodstonenoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-26223904902591428452013-09-14T12:09:54.674+08:002013-09-14T12:09:54.674+08:00A question on wage level. How does subsidy effect ...A question on wage level. How does subsidy effect our wage level. Many feel that a similar position in malaysia makes less than other countries like Singapore etc.and it also led to low increament. Does subsidy has a role in this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77651698614201042282013-09-14T03:26:04.289+08:002013-09-14T03:26:04.289+08:00Hi Hisham,
Thanks for crunching these numbers. R...Hi Hisham, <br /><br />Thanks for crunching these numbers. Really useful. Just wondering if you could indulge me and also look at the top 10% v bottom 10%, and top 5% v bottom 5%. <br /><br />Thanks.Greg Lopezhttps://www.blogger.com/profile/03717331115173935202noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-13534827523178604122013-09-13T00:05:49.397+08:002013-09-13T00:05:49.397+08:00@anon 6.04
Yes, median would be better, but you s...@anon 6.04<br /><br />Yes, median would be better, but you should know that the income data comes from a sampled survey, not a complete tabulation of all households. The big boys aren't in there...hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-22386722225479763802013-09-12T18:04:02.228+08:002013-09-12T18:04:02.228+08:00should we also look at the median value/s..?
to ma...should we also look at the median value/s..?<br />to manage the impact of the anandas or the bukharis shoring up the numbers...? there're many vincents or yeohs thus impact is less though being consistent would be good.. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-28973181968121544882013-09-12T04:56:11.137+08:002013-09-12T04:56:11.137+08:00Hi Jason,
I don't know how relevant Kuznet...Hi Jason,<br /><br />I don't know how relevant Kuznet's hypothesis would be. It might fit on a cross-sectional basis, but over time, I don't think so.<br /><br />We need more data!<br /><br />Re: MEA dinner. No, I'm not. Too busy this week.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-5857880914608734122013-09-11T17:36:34.087+08:002013-09-11T17:36:34.087+08:00Hisham,
Suggestion: maybe it's distorted by g...Hisham,<br /><br />Suggestion: maybe it's distorted by geographical characteristics<br /><br />http://en.wikipedia.org/wiki/Kuznets_curve<br /><br />Do it across Malaysian states, and it fits (well fits is a pretty loose descriptor for 13 states) relatively well with theory.<br /><br />Then again, if this theory holds one might think that policies to rebalance or redistribute income (if it Jasonhttps://www.blogger.com/profile/03517459200735545587noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-82602922311367724852013-09-11T15:26:28.570+08:002013-09-11T15:26:28.570+08:00@anon 3.04
Pertinent yes, measurable no, at least...@anon 3.04<br /><br />Pertinent yes, measurable no, at least as far as mobility is concerned. There is still no long term study on economic and social mobility in Malaysia, though I believe one is now inthe works.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-7286157272072966172013-09-11T15:04:01.487+08:002013-09-11T15:04:01.487+08:00HIS & HES data (or methods) aside, my concern ...HIS & HES data (or methods) aside, my concern is the relatively stagnant poverty threshold. <br /><br />I think over time it will become difficult to explain the movements along blurring ethnic lines (population demographics, household characteristics or what not). Urban-rural divides and socioeconomic mobility will perhaps be more pertinent.Anonymousnoreply@blogger.com