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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/10010928772
evaluation comprise the alleviation of poverty and the reduction in income inequality, whilst the diversity of opinions about …
Persistent link: https://www.econbiz.de/10010745069
Persistent link: https://www.econbiz.de/10010745146
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10010745529
poverty indices to data contamination using the concept of the influence function. We show that poverty and inequality indices …Drawing on recent work concerning the statistical robustness of inequality statistics we examine the sensitivity of … have fundamentally different robustness properties, and demonstrate that an imporrtant commonly used subclass of poverty …
Persistent link: https://www.econbiz.de/10010745913
social policies are described and the effects on poverty and inequality are examined. The limitations of a social policy that … livelihood approach is analysed and its potential to reduce poverty and inequality are considered. …Despite prolonged economic growth, poverty has become a more notable and noted feature of Chinese society. The paper …
Persistent link: https://www.econbiz.de/10011126132
countries. The same result is also obtained for the e¤ects of ICT and mass media on economic inequality,. However, ICT reveals … itself inequal- ity increasing for the developing country sample but inequality decreasing for the entire sample. Finally …, lower poverty is robustly associated with higher media (newspaper circulation) penetration. …
Persistent link: https://www.econbiz.de/10011071188
in the SALS framework. In the particular case of the II and the EMM methods and when the instrumental model is of a GMM …
Persistent link: https://www.econbiz.de/10010744799
We develop generalised indirect inference procedures that handle equality and inequality constraints on the auxiliary …
Persistent link: https://www.econbiz.de/10010745065
What role does labor play in a firm’s market value? We explore this question using a production-based asset pricing model with frictions in the adjustment of both capital and labor. We posit that hiring of labor is akin to investment in capital and that the two interact, with the interaction...
Persistent link: https://www.econbiz.de/10010745844