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Nominal Term Structure and Term Premia. Evidence from Chile

Ceballos, Luis; Naudon, Alberto; Romero, Damian - Volkswirtschaftliche Fakultät, … - 2014

The downward trend exhibited in Chile’s nominal term structure since 2003 has been a common pattern shared by other developed and developing economies. To understand the behavior of the nominal yield curve in Chile, we rely on an affine dynamic term structure model (DTMS) which allows to...

Persistent link: https://www.econbiz.de/10011108020

The yield curve and the prediction on the business cycle: a VAR analysis for the European Union

Cinquegrana, Giuseppe; Sarno, Domenico - Volkswirtschaftliche Fakultät, … - 2010

The literature on the yield curve deals with the capacity to predict the future inflation and the future real growth from the term structure of the interest rates. The aim of the paper is to verify this predictive power of the yield curve for the European Union at 16 countries in the 1995-2008...

Persistent link: https://www.econbiz.de/10008550561

Measuring concentration in economic sectors by h-index and g-index

Bartolucci, Francesco - Volkswirtschaftliche Fakultät, … - 2012

We show that the h-index and the g-index, which are commonly used to mea- sure the research productivity of a scientist, may be seen as concentration indices. For these indices we also propose transformations that make them always ranging between two known limits, which correspond to the...

Persistent link: https://www.econbiz.de/10011107848

Declining inequality in Bolivia: How and Why

Fortun Vargas, Jonathan M. - Volkswirtschaftliche Fakultät, … - 2012

inequality, the figure decline dramatically starting from the year 2000. In this setting, Bolivia has been one of the poorest … research applies a method of inequality decomposition– as developed by (Fields, 2003)-, this technique consists on regressing … other variables) has contributed on the reduction of inequality in Bolivia. Moreover, the sources of inequality are mainly …

Persistent link: https://www.econbiz.de/10011108568

The Profit Theory is False Since Adam Smith. What About the True Distribution Theory?

Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2014

All popular schools lack a consistent profit theory. Economists have no true conception of the most important phenomenon in their universe. This methodological defect persists since Adam Smith. Therefore, the theories of income and wealth distribution are wrong by logical implication. If the...

Persistent link: https://www.econbiz.de/10011111106

Disparity in the structure of wages in Pakistan

Hasan, Syed Akif; Subhani, Muhammad Imtiaz; Osman, Ms. Amber - Volkswirtschaftliche Fakultät, … - 2012

Perpetual Disparities in all norms of lives are one of those essences of Pakistan which have been like a ghost that always exploits to its victims. This paper investigates and identifies the Disparities in the wage Structure of Pakistan. Data for the wages from 9 different sectors which includes...

Persistent link: https://www.econbiz.de/10011111564

Affirmative Action: Has the Election of Barack Obama Changed the Discussion?

Osuagwu, Eze - Volkswirtschaftliche Fakultät, … - 2014

inequality cannot be achieved in one swift. It requires consistent policy directions aimed at achieving a balance in the …

Persistent link: https://www.econbiz.de/10011111588

Growth is (really) good for the (really) rich

Campos-Vazquez, Raymundo M.; Chavez, Emmanuel; … - Volkswirtschaftliche Fakultät, … - 2013

This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which...

Persistent link: https://www.econbiz.de/10011257836

Social Welfare Analysis of Income Distributions: Ranking Income Distributions with Generalised Lorenz Curves

Bellù, Lorenzo Giovanni; Liberati, Paolo - Volkswirtschaftliche Fakultät, … - 2005

This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...

Persistent link: https://www.econbiz.de/10011257958

The dynamics of personal income distribution and inequality in the United States

Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2013

We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality …

Persistent link: https://www.econbiz.de/10011259180