Showing 11 - 20 of 60
We estimate the world distribution of income by integrating individual income distributions for 125 countries between … hosted 11% of the world's poor in 1960. It hosted 66% of them in 1998. We estimate nine indexes of income inequality implied … by our world distribution of income. All of them show substantial reductions in global income inequality during the 1980s …
Persistent link: https://www.econbiz.de/10012469781
Persistent link: https://www.econbiz.de/10011654363
Persistent link: https://www.econbiz.de/10011571313
Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …
Persistent link: https://www.econbiz.de/10012456459
Persistent link: https://www.econbiz.de/10013422137
The substantial fluctuations in oil prices in the wake of the COVID-19 pandemic and the Russian invasion of Ukraine have highlighted the importance of tail events in the global market for crude oil which call for careful risk assessment. In this paper we focus on forecasting tail risks in the...
Persistent link: https://www.econbiz.de/10014544801
Persistent link: https://www.econbiz.de/10010495419
Persistent link: https://www.econbiz.de/10010495420
Persistent link: https://www.econbiz.de/10010506092
Persistent link: https://www.econbiz.de/10011704654