The definition and operationalization of wealth information in population surveys and the corresponding microdata requires a wide range of more or less normative assumptions. However, the decisions made in both the pre- and post-data-collection stage may interfere consid-erably with the...

This article proposes an estimation approach for panel models with mixed continuous and ordered categorical outcomes based on generalized estimating equations for the mean and pseudo-score equations for the covariance parameters. A numerical study suggests that efficiency can be gained as...

T-bills were introduced in 1995 and are still one of the most important instruments of the securities market of Armenia (85-95% of all operations of the secondary market in the last five years). The maturity yield of the state bonds during the last 7 years has been between 20% to 100%. Despite...

The problem of poverty and inequality measurement in contemporary Russian society is considered within the framework of the general problem of social tension reduction via efficient organization of the social assistance system. We argue that features specific to Russian transition stipulate that...