Similar Search Results

Wealth distribution, peasant production and poverty traps in African smallholder agriculture

Hoogeveen, Johannes - 1999

A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...

Persistent link: https://www.econbiz.de/10011453277

Better off or more apart? : empirically testing welfare and inequality dominance criteria

Beach, Charles M. - 2022

This paper provides the tools and procedures for empirically implementing several dominance criteria for social welfare comparisons and broad income inequality comparisons. Dominance criteria are expressed in terms of vectors of quantile ordinates based on income shares or quantile means....

Persistent link: https://www.econbiz.de/10013169202

A nifty fix for published distribution statistics : simplified distribution-free statistical inference

Beach, Charles M. - 2021

This paper applies the tool box measures of disaggregative income inequality characterization and the statistical methodology of Beach (2021) to percentile-based distribution statistics such as quintile income shares and decile means typically published by official statistical agencies. It...

Persistent link: https://www.econbiz.de/10012670923

A useful empirical tool box for distributional analysis

Beach, Charles M. - 2021

This paper offers a tool box of disaggregative measures of distributional change, including population shares, income shares, quantile mean incomes and relative mean incomes of different income groups. It highlights median-based measures along with quintiles and deciles. It also offers formulas...

Persistent link: https://www.econbiz.de/10012662221

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

On a simple survey measure of individual risk aversion

Hartog, Joop; Ferrer-i-Carbonell, Ada; Jonker, Nicole - 2000

We ask individuals for their reservation price of a specified lotteryand deduce their Arrow-Pratt measure of risk aversion.This allows direct testing of common hypotheses on risk attitudes inthree datasets. We find that risk aversion indeed fallswith income and wealth. Entrepreneurs are less...

Persistent link: https://www.econbiz.de/10011303858

Empirical relevance of the Hillman condition and comparative advantage

Hinloopen, Jeroen; Marrewijk, Charles van - 2004

We analyze the empirical violation of the Hillman condition, a necessary and sufficient condition for the correspondence between comparative advantage and pre-trade relative prices. Our comprehensive data set allows us to investigate the Hillman condition for virtually all countries of the...

Persistent link: https://www.econbiz.de/10011334845

Bayesian mode inference for discrete distributions in economics and finance

Cross, Jamie; Hoogerheide, Lennart; Labonne, Paul; … - 2023

Detecting heterogeneity within a population is crucial in many economic and financial applications. Econometrically, this requires a credible determination of multimodality in a given data distribution. We propose a straightforward yet effective technique for mode inference in discrete data...

Persistent link: https://www.econbiz.de/10014313693

Estimating income inequality in China using grouped data and the generalized beta distribution

Chotikapanich, Duangkamon; Prasada Rao, D. S.; Tang, Kam Ki - 2006

There are two main types of data sources of income distributions in China: household survey data and grouped data. Household survey data are typically available for isolated years and individual provinces. In comparison, aggregate or grouped data are typically available more frequently and...

Persistent link: https://www.econbiz.de/10010284571