Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10001784262
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10003810324
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income distributions, thereby providing a full range of top-sensitive and bottom-sensitive measures. An examination of British income inequality in 1994/95 and 2004/05 illustrates the...
Persistent link: https://www.econbiz.de/10003597779
; delegation problem ; moral hazard ; search theory …
Persistent link: https://www.econbiz.de/10009006957
Cross-national differences in outcomes are often analysed using regression analysis of multilevel country datasets, examples of which include the ECHP, ESS, EU-SILC, EVS, ISSP, and SHARE. We review the regression methods applicable to this data structure, pointing out problems with the...
Persistent link: https://www.econbiz.de/10009793463
We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...
Persistent link: https://www.econbiz.de/10011411571
The paper constructs an asymmetric information model to investigate the efficiency and equity cases for government mandated benefits. A mandate can improve workers' insurance, and may also redistribute in favour of more "deserving" workers. The risk is that it may also reduce output. The more...
Persistent link: https://www.econbiz.de/10003212063
This paper exploits the informational value of search theory, after Lancaster and Chesher (1983), in conjunction with …
Persistent link: https://www.econbiz.de/10002422966
Persistent link: https://www.econbiz.de/10001784336
Persistent link: https://www.econbiz.de/10001812879