In this paper, we analyse different measures of asset and income poverty using micro-data for 15 euro area countries from the 2010 Household Finance and Consumption Survey (HFCS). We are particularly interested in the way in which specific definitions of income and wealth poverty affect the...

Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...

A recent transition in rural development policies is that of a move from a narrow sectoral approach of rural development, to one that adopts a broader territorial vision. This relatively new theoretical perspective is of peculiar interest to academics and politicians in Latin American countries...

Between 1985 and 1998, the growth rate of Chile was among the top four in the world (Massad, 2002, Gallego and Loayza, 2002) showing, moreover, a very heterogeneous behavior at regional level. The objective of this paper is to analyze how dissimilar are the economic performance of Chilean...

A recent transition in the field of agrarian economics theory is that of a move away from a narrow agricultural sector approach to rural development, to one which adopts broader territorial approaches. This passage seeks to interpret the interactions between urban and rural worlds in a more...

A recent transition in rural development policies is that of a move from a narrow sectoral approach of rural development, to one that adopts a broader territorial vision. This relatively new theoretical perspective is of peculiar interest to academics and politicians in Latin American countries...

This paper continues my research program on violence and terrorism started 15 years ago. It presents in the first part through empirical exercises, the suitability of The Beveridge and Nelson decomposition of economic time series for pointing out the occurrence of terrorist attacks. It presents...

A recent transition in the field of agrarian economics theory for rural development is the move from a narrow agricultural sector approach, to one which adopts broader territorial vision. This passage seeks to interpret interactions between urban and rural worlds in a more comprehensive...

There has been mixed evidence regarding the existence of rational bubbles in the foreign exchange markets. Standard unit root and cointegration tests are criticized for their low power to detect rational bubbles that periodically collapse. This paper introduces recently developed sequential unit...

In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the basis of a microsimulation model which accounts...