Showing 1 - 10 of 15
A complete system of consumer expenditure functions with 28 commodity groups is modelled and estimated by means of Norwegian household panel data. Measurement errors are carefully modelled. Total consumption expenditure is modelled as a latent variable, purchase expenditures on different goods...
Persistent link: https://www.econbiz.de/10004980713
This paper examines different approaches to the measurement of multidimensional inequality and poverty. First, it outlines three aspects preliminary to any multidimensional study: the selection of the relevant dimensions; the indicators used to measure them; and the procedures for their...
Persistent link: https://www.econbiz.de/10011123421
The effects on the degree of equality of reforms in indirect taxation are analysed by using a microsimulation model of the Norwegian economy subsequent to a CGE model. The two main reforms studied are substitution of a uniform VAT rate on all goods and services and substitution of the...
Persistent link: https://www.econbiz.de/10004980581
The purpose of this paper is to justify the use of the Gini coefficient and two close relatives for summarizing the basic information of inequality in distributions of income. To this end we employ a specific transformation of the Lorenz curve, the scaled conditional mean curve, rather than the...
Persistent link: https://www.econbiz.de/10004980718
This paper is concerned with the distribution of income and the problem of choosing summary measures of inequality for empirical applications. By introducing a simple transformation of the Lorenz curve one is led to three measures of inequality, which jointly prove to represent a fairly good...
Persistent link: https://www.econbiz.de/10004980818
This article studies how a firm fosters formal and informal interaction among its employees to create a collective identity and positively influence their effort. We develop an agency model, in which employees have both a personal and a social ideal for effort. The firm does not observe the...
Persistent link: https://www.econbiz.de/10010754873
The experience of liberalized electricity markets’ ability to allocate scarce energy resources has been mixed. In this paper, we analyze how liberalized markets allocate power in the short and long run through the interaction between the spot and end-user markets. We show that totally...
Persistent link: https://www.econbiz.de/10008472740
Italy and Norway are characterized by different household patterns of young adults, with young Italians being more likely to live in their parents' house and young Norwegians more likely to live independently, alone or in multi-occupant households. This paper asks why, and how these differences...
Persistent link: https://www.econbiz.de/10010817203
Environmental policy analyses often draw on stated preferences, with most humans having strong preferences with respect to how we view ourselves and how we would like others to perceive us. This may create systematic differences between reported and real behavior, making policy analysis based on...
Persistent link: https://www.econbiz.de/10008472743
Measuring change in the price of housing is an important and notoriously difficult task for national statistical agencies. Different approaches have been attempted, but suffer from known weaknesses. This article suggests dividing housing outlays into consumption and saving. The changes in prices...
Persistent link: https://www.econbiz.de/10004980540