Narrow search
Showing 1 - 10 of 1,395
Cover Image
The distribution of top incomes in five Anglo-Saxon countries over the twentieth century
Atkinson, Anthony B.; Leigh, Andrew - 2010
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632
Cover Image
The economic security index: A new measure for research and policy analysis
Hacker, Jacob S.; Huber, Gregory Alain; Nichols, Austin; … - 2012
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10010289981
Cover Image
Housing mobility and downsizing at older ages in Britain and the United States
Banks, James; Blundell, Richard; Oldfield, Zoë; Smith, … - 2010
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10010274602
Cover Image
House price volatility and the housing ladder
Banks, James; Blundell, Richard; Oldfield, Zoë; Smith, … - 2010
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10010274692
Cover Image
Modelling volatilities and conditional correlations in futures markets with a multivariate t distribution
Pesaran, Bahram; Pesaran, Mohammad Hashem - 2007
This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by … than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on … suggest a general trend towards a lower level of return volatility, accompanied by a rising trend in conditional cross …
Persistent link: https://www.econbiz.de/10010276254
Cover Image
Intergenerational earnings mobility in Japan among sons and daughters: Levels and trends
Lefranc, Arnaud; Ojima, Fumiaki; Yoshida, Takashi - 2012
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by … has been roughly stable over the last decades. Lastly, we estimate the intergenerational correlation of earnings. …
Persistent link: https://www.econbiz.de/10010291383
Cover Image
Intergenerational Earnings Mobility in Japan among Sons and Daughters: Levels and Trends
Lefranc, Arnaud; Ojima, Fumiaki; Yoshida, Takashi - Institute for the Study of Labor (IZA) - 2012
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by … has been roughly stable over the last decades. Lastly, we estimate the intergenerational correlation of earnings. …
Persistent link: https://www.econbiz.de/10010598554
Cover Image
Testing the correlated random coefficient model
Heckman, James Joseph; Schmierer, Daniel; Urzúa, Sergio - 2009
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
Persistent link: https://www.econbiz.de/10010276910
Cover Image
Exponent of cross-sectional dependence: Estimation and inference
Bailey, Natalia; Kapetanios, George; Pesaran, Hashem - 2012
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10010282124
Cover Image
Growth, volatility and political instability: non-linear time-series evidence for Argentina, 1896 - 2000
Campos, Nauro F.; Karanasos, Menelaos G. - 2007
What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …
Persistent link: https://www.econbiz.de/10010268236