Showing 1 - 10 of 21
To analyse the consequences of the changing economic structure of the UK, we need a set of statistics broken down by industry that are consistent with the whole economy measures available from the national accounts. The theory of growth accounting then provides a framework in which the...
Persistent link: https://www.econbiz.de/10010746112
This paper provides a review and critical discussion of indicators, which attempt to combine the measurement of … (GS) have merely focused on the capacity to provide utility in the future, but have not included the measurement of … failed to account for sustainability in their measurement of current well-being. The paper then critically reviews the Index …
Persistent link: https://www.econbiz.de/10010745092
approach as its measurement framework and recommended that all public bodies use the framework to “agree priorities, set …: Final Recommendations of the Equalities Review Steering Group on Measurement (CASEpaper 121), were prepared as background … papers to assist in the development of the measurement framework for the Equalities Review. It discusses the challenges in …
Persistent link: https://www.econbiz.de/10011071284
In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements (in terms of both the average attainments...
Persistent link: https://www.econbiz.de/10010745976
Although property rights are the cornerstone of capitalist economics, throughout history existing claims have been frequently overturned and redefined by revolution. A fundamental question for economists is what makes revolutions more likely to occur. A large literature has found contradictory...
Persistent link: https://www.econbiz.de/10010746062
To measure income inequality with right-censored (top-coded) data, we propose multiple-imputation methods for estimation and inference. Censored observations are multiply imputed using draws from a flexible parametric model fitted to the censored distribution, yielding a partially synthetic data...
Persistent link: https://www.econbiz.de/10011126011
There is a duality theory connecting certain stochastic orderings between cumulative distribution functions F1 , F2 and stochastic orderings between their inverses F −1 , F −1. This underlies some theories of utility in the case of the cdf and deprivation indices in the case of the inverse....
Persistent link: https://www.econbiz.de/10011126292
This paper examines how preference heterogeneity affects the ability of the poor to extract resources from the rich. We study the equilibrium of a game in which coalitions of individuals form parties, parties propose platforms, and all individuals vote, with the winning policy chosen by...
Persistent link: https://www.econbiz.de/10011071391
This paper develops a model to understand mechanisms behind the rise of mass consumption societies. The development process depicted in the model follows the Flying Geese pattern, in which a series of industries takes off one after another. As productivity improves in these industries, each...
Persistent link: https://www.econbiz.de/10010928752
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...
Persistent link: https://www.econbiz.de/10010928797