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Inequality and the GB2 income distribution
Jenkins, Stephen P. - 2007
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income …
Persistent link: https://www.econbiz.de/10010268420
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Endogenous indoctrination: occupational choice, the evolution of beliefs, and the political economy of reform
Saint-Paul, Gilles - 2009
favourable to the market economy. Two parameters that govern this capacity to learn are social entropy and heritability. Social … entropy defines how predictable one's occupation is as a function of one's beliefs. Heritability is the weight of the family …'s beliefs in the determination of the priors of a new generation. Both heritability and social entropy reduce the bias and makes …
Persistent link: https://www.econbiz.de/10010271321
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Remittances and portfolio values: An inquiry using Spanish immigrants from Africa, Europe and the Americas
Amuedo-Dorantes, Catalina; Pozo, Susan - 2012
Using a recent Spanish database, we show that remittances respond to cross country differences in portfolio values. This behavior suggests that immigrants are sophisticated economic optimizers who take advantage of opportunities to invest trans-nationally given the networks that immigrants are...
Persistent link: https://www.econbiz.de/10010284020
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A Structural Empirical Model of Firm Growth, Learning, and Survival
Abbring, Jaap H.; Campbell, Jeffrey R. - 2003
We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …
Persistent link: https://www.econbiz.de/10010262756
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Generational accounting, solidarity and pension losses
Teulings, Coen N.; de Vries, Casper G. - 2003
resolved by the introduction of generational accounts. Using modern portfolio and consumption planning theory we show that the …
Persistent link: https://www.econbiz.de/10010261654
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Do students expect compensation for wage risk?
Schweri, Juerg; Hartog, Joop; Wolter, Stefan C. - 2009
robust to different specifications and estimation models. …
Persistent link: https://www.econbiz.de/10010276690
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Optimal Unemployment Benefit Policy and the Firm Productivity Distribution
Blumkin, Tomer; Danziger, Leif; Yashiv, Eran - 2016
that optimal government policy depends on the dispersion and skewness of the firms' productivity distribution. …
Persistent link: https://www.econbiz.de/10011494339
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Does the Added Worker Effect Matter?
Guner, Nezih; Kulikova, Yuliya; Valladares-Esteban, Arnau - 2020
The added worker effect (AWE) measures the entry of individuals into the labor force due to their partners' job loss. We propose a new method to calculate the AWE, which allows us to estimate its effect on any labor market outcome. We show that the AWE reduces the fraction of households with two...
Persistent link: https://www.econbiz.de/10012180116
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The Relationship between Subjective Wellbeing and Subjective Wellbeing Inequality: Taking Ordinality and Skewness Seriously
Grimes, Arthur; Jenkins, Stephen P.; Tranquilli, Florencia - 2020
appropriate for ordinal data, our analysis using the World Values Survey reveals that skewness of the SWL distribution, not only …
Persistent link: https://www.econbiz.de/10012322491
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Skewness Expectations and Portfolio Choice
Drerup, Tilman; Wibral, Matthias; Zimpelmann, Christian - 2022
with the skewness of respondents' return expectations for the respective asset, controlling for other moments of a …
Persistent link: https://www.econbiz.de/10012882594