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Time series properties of the German monthly production index
Flaig, Gebhard - 2003
The production index is an important indicator for assessing the cyclical state of the economy. Unfortunately, the …
Persistent link: https://www.econbiz.de/10011514105
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Persistence and seasonality in the US industrial production index
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos - 2023
This paper uses a seasonal long-memory model to capture the behaviour of the US Industrial Production Index (IPI) over …
Persistent link: https://www.econbiz.de/10014427486
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The structure of worker compensation in Brazil, with a comparison to France and the United States
Menezes-Filho, Naercio Aquino (contributor);  … - 2006
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare … selectivity of Brazilian workers into formal employment. The links between firm performance and wage components in Brazil resemble …
Persistent link: https://www.econbiz.de/10003300948
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Managerial versus production wages : offshoring, country size and endowments
Benz, Sebastian; Kohler, Wilhelm - 2010
In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...
Persistent link: https://www.econbiz.de/10009156628
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Income dependent equivalence scales, inequality, and poverty
Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2015
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there is strong empirical evidence that equivalence scales in fact are income dependent. This paper explores the consistency of results derived from income independent and income...
Persistent link: https://www.econbiz.de/10011374211
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We … equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam. -- Prospect Theory …
Persistent link: https://www.econbiz.de/10009700305
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Inequality measurement and tax/transfer policy
Apps, Patricia; Rees, Ray - 2020
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...
Persistent link: https://www.econbiz.de/10012231585
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Micro-geographic property price and rent indices
Ahlfeldt, Gabriel M.; Heblich, Stephan; Seidel, Tobias - 2021
We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial …
Persistent link: https://www.econbiz.de/10012597680
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A general theory of price and quantity aggregation and welfare measurement
Hillinger, Claude - 2002
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10011514055
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The distributional implications of pension benefit indexation
Andersen, Torben M.; Jørgensen, Cecilie Marie Løchte - 2024
Socio-economic differences in longevity have fuelled a debate whether pension systems have a regressive bias favouring groups with a high life expectancy. We show that the distributional implications of such pooling depend critically on the benefit profile across age/time, which in turn is...
Persistent link: https://www.econbiz.de/10014470411