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A new inequality measure that is sensitive to extreme values and asymmetries

McAleer, Michael; Ryu, Hang-keun; Slottje, Daniel Jonathan - 2017

properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Gini) that poorly detect the extreme values present in the underlying empirical IDF. This paper introduces a new inequality … measure to supplement, but not to replace, the Gini that measures more accurately the inherent asymmetries and extreme values …

Persistent link: https://www.econbiz.de/10011773015

Combining panel data sets with attrition and refreshment samples

Hirano, Keisuke; Imbens, Guido; Ridder, Geert; Rubin, … - 1998

With panel data important issues can be resolved that can not beaddressed with cross--sectional data. A major drawback is that paneldata suffer from more severe missing data problems. Adding a sampleconsisting of new units randomly drawn from the original populationas replacements for units who...

Persistent link: https://www.econbiz.de/10011283469

Measuring and explaining the limited take-up of the housing benefit in the Netherlands

Rouwendal, Jan - 2002 - This version: March 14, 2002

It is well known that the take-up rate of the Dutch housing benefit and othermeans tested benefits is substantially below 100%. In order to measure non-take up oneusually has to simulate entitlement to the benefits. In this paper we take a closer look atthe quality of the simulation. We find...

Persistent link: https://www.econbiz.de/10011326977

Quality weighted citations versus total citations in the sciences and social sciences

Chang, Chia-Lin; McAleer, Michael - 2014

The paper analyses academic journal quality and research impact using quality weighted citations versus total citations, based on the widely-used Thomson Reuters ISI Web of Science citations database (ISI). A new Index of Citations Quality (ICQ) is presented, based on quality weighted citations....

Persistent link: https://www.econbiz.de/10010246747

Ranking economics and econometrics ISI journals by quality weighted citations

Chang, Chia-Lin; McAleer, Michael - 2014

The paper analyses academic journal quality and impact using quality weighted citations that are based on the widely-used Thomson Reuters ISI Web of Science citations database (ISI). A recently developed Index of Citations Quality (ICQ), based on quality weighted citations, is used to analyse...

Persistent link: https://www.econbiz.de/10010250533

Bibliometric rankings of journals based on the Thomson Reuters citations database

Chang, Chia-Lin; McAleer, Michael - 2015

Virtually all rankings of journals are based on citations, including self citations by journals and individual academics. The gold standard for bibliometric rankings based on citations data is the widely-used Thomson Reuters Web of Science (2014) citations database, which publishes, among...

Persistent link: https://www.econbiz.de/10010504012

Quality weighted citations versus total citations in the sciences and social sciences, with an application to finance and accounting

Chang, Chia-Lin; McAleer, Michael - 2015 - Revised version: January 2015

The premise underlying the use of citations data is that higher quality journals generally have a higher number of citations. The impact of citations can be distorted in a number of ways. Journals can, and do, inflate the number of citations through self citation practices, which may be...

Persistent link: https://www.econbiz.de/10010464786

Using Machine Learning to Construct Hedonic Price Indices

Cafarella, Michael; Ehrlich, Gabriel; Gao, Tian; … - National Bureau of Economic Research - 2023

This paper uses machine learning (ML) to estimate hedonic price indices at scale from item-level transaction and product characteristics. The procedure uses state-of-the-art approaches from hedonic econometrics and implements them with a neural network ML approach. Applying the methodology to...

Persistent link: https://www.econbiz.de/10014322703

Real-Time Poverty, Material Well-Being, and the Child Tax Credit

Han, Jeehoon; Meyer, Bruce D.; Sullivan, James X. - National Bureau of Economic Research - 2022

In response to the COVID-19 pandemic two new timely poverty measures have been developed to monitor fast-changing economic conditions for the most deprived. The Han et al. near real-time poverty measure uses responses to a global income question on the Monthly Current Population Survey (CPS)...

Persistent link: https://www.econbiz.de/10013362025

Patent Text and Long-Run Innovation Dynamics : The Critical Role of Model Selection

Ganguli, Ina; Lin, Jeffrey; Meursault, Vitaly; … - National Bureau of Economic Research - 2024

As distorted maps may mislead, Natural Language Processing (NLP) models may misrepresent. How do we know which NLP model to trust? We provide comprehensive guidance for selecting and applying NLP representations of patent text. We develop novel validation tasks to evaluate several leading NLP...

Persistent link: https://www.econbiz.de/10015072876