Showing 1 - 10 of 59
This paper focuses on the problem of analyzing how factors impact hunger across states when hunger is ill-defined. Hunger (which is a latent variable) is presumed to depend on macroeconomic, legislation, policy, and demographic variables. Based on the Bayesian method of a posterior odds ratios,...
Persistent link: https://www.econbiz.de/10005758387
The link between democracy and within-country income inequality remains an unresolved quest in the literature of political economy. To look into this debate, I propose exploring the implications of electoral systems, rather than political regimes, on income inequality. I surmise that...
Persistent link: https://www.econbiz.de/10014497473
Using representative income and time-use data from the German Socio-Economic Panel, we estimate non-monetary income advantages arising from home production and analyze their impact on economic inequality. As an alternative to existing measures, we propose a predicted wage approach that relaxes...
Persistent link: https://www.econbiz.de/10010327927
Equivalence scales are routinely applied to adjust the income of households of different sizes and compositions. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now,...
Persistent link: https://www.econbiz.de/10014503787
The international literature studies non-take-up behavior of eligible populations to evaluate the effectiveness of government programs. A major challenge in this literature is the measurement error regarding benefit take-up. In our data, we observe both actual welfare receipt and respondents’...
Persistent link: https://www.econbiz.de/10014504127
In this paper, we compare alternative estimation approaches for factor augmented panel data models. Our focus lies on panel data sets where the number of panel groups (N) is large relative to the number of time periods (T). The principal component (PC) and common correlated effects (CCE)...
Persistent link: https://www.econbiz.de/10014503384
This article presents an estimation of the elasticity of actual wages to industry-level collective bargaining thereby quantifying empirically the role of industry-level bargaining on wage determination. For this purpose, we use a unique employer–employee panel dataset covering the entire...
Persistent link: https://www.econbiz.de/10010994347
A system of regression equations for analyzing panel data with random heterogeneity in intercepts and coefficients, and unbalanced panel data is considered. A maximum likelihood (ML) procedure for joint estimation of all parameters is described. Since its implementation for numerical computation...
Persistent link: https://www.econbiz.de/10010994448
We test the relationship between the current account and fiscal policy for a group of small open developing economies with fixed exchange rates some of which are oil exporters. Specifically, we test the viewpoint of a Ricardian infinite-horizon representative agent model in which lower public...
Persistent link: https://www.econbiz.de/10010994453
We test the possibility that exchange rates from nine developed countries have a unit root against the alternate possibility that they are fractionally integrated. Theoretically, exchange rates are only expected to follow a random walk under restrictive assumptions. However, most traditional...
Persistent link: https://www.econbiz.de/10010949531