Showing 1 - 10 of 25
We provide an analytical framework within which changes in income inequality over time are related to the pattern of … income inequality grew substantially), and also for income growth to have been pro-poor. Income growth was also pro-poor in … Western Germany, more so than in the USA, and inequality did not rise as much. …
Persistent link: https://www.econbiz.de/10004963952
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A bootstrap …
Persistent link: https://www.econbiz.de/10008682910
This paper studies robustness of bootstrap inference methods for instrumental variable (IV)regression models. We consider test statistics for parameter hypotheses based on the IV estimatorand generalized method of trimmed moments (GMTM) estimator introduced by Cížek (2008, 2009),and compare...
Persistent link: https://www.econbiz.de/10010734584
In a number of semiparametric models, smoothing seems necessary in order to obtain estimates of the parametric component which are asymptotically normal and converge at parametric rate. However, smoothing can inflate the error in the normal approximation, so that refined approximations are of...
Persistent link: https://www.econbiz.de/10005797507
We propose a new method of testing stochastic dominance which improves onexisting tests based on bootstrap or subsampling. Our test requires estimation ofthe contact sets between the marginal distributions. Our tests have asymptoticsizes that are exactly equal to the nominal level uniformly over...
Persistent link: https://www.econbiz.de/10008838727
Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive- based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs....
Persistent link: https://www.econbiz.de/10010632799
Averaging methods are routinely used in order to limit biases resulting from the mismeasurement of permanent incomes. The Solon/Zimmerman estimator regresses a single-year measurement of the child's resources on a T-period average of the parents' income while the Behrman/Taubman estimator...
Persistent link: https://www.econbiz.de/10005510528
evaluation comprise the alleviation of poverty and the reduction in income inequality, whilst the diversity of opinions about …
Persistent link: https://www.econbiz.de/10005510531
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10005510532
This paper presents evidence on the consequences of the 1912 introduction of "quasiuniversal" male suffrage in Italy. The reform increased the electorate from slightly less than three million to 8,650,000 and left the electoral rules and the district boundaries unchanged. This allows us to...
Persistent link: https://www.econbiz.de/10009368612