Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10013159973
This paper studies poverty as a dynamic phenomenon, motivated by the recurringeconomic crises that affect developing countries and the incidence of income fluctuationson household welfare. While the increasing availability of household panel data has beenexploited in theoretical analysis and...
Persistent link: https://www.econbiz.de/10012772630
The early 1990s saw the rapid introduction of policies that were to reform the centrally planned economies in CEE and FSU. These policies were expected to lead to improvements in welfare. Studies on the transition projected initial falls in inequality and increases in poverty, which are...
Persistent link: https://www.econbiz.de/10012772634
The amp;apos'prediction approachamp;apos' proposed by Dearden, Machin and Reed (DMR) consists in (1) regressing the observed incomes of the child and parent families on separate sets of predetermined variables, and (2) regressing the childamp;apos's predicted income on that of the parents....
Persistent link: https://www.econbiz.de/10012772636
With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...
Persistent link: https://www.econbiz.de/10012772641
Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to take into account the characteristics of the data with which one usually has to work. These raise a number of common statistical problems which are addressed here for both...
Persistent link: https://www.econbiz.de/10012772670
An important aspect of income distribution is the modelling of the data using an appropriate parametric model. This involves estimating the parameters of the models, given the data at hand. Income data are typically in grouped form. Moreover, they are not always reliable in that they may contain...
Persistent link: https://www.econbiz.de/10012772677
Statistical problems in modelling personal income distributions include estimation procedures, testing and model choice. Typically, the parameters of a given model are estimated by classical procedures such as maximum likelihood and least squares estimators. Unfortunately, the classical methods...
Persistent link: https://www.econbiz.de/10012772692
Persistent link: https://www.econbiz.de/10012770958
Regular annual studies made by the Office of National Statistics in the UK are intended to show how far taxing household incomes and giving benefits in cash and kind to households redistributes income from rich to poor. The first attempt to do this in the UK was made by Tibor Barna for the year...
Persistent link: https://www.econbiz.de/10012771222