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Classification, Detection and Consequences of Data Error : Evidence from the Human Development Index
Wolff, Hendrik - 2010
We measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We...
Persistent link: https://www.econbiz.de/10013135405
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Biological Health Risks and Economic Development
Frankenberg, Elizabeth - 2015
With populations aging and the epidemic of obesity spreading across the globe, global health risks are shifting toward non-communicable diseases. Innovative biomarker data from recently conducted population-representative surveys in lower, middle and higher income countries are used to describe...
Persistent link: https://www.econbiz.de/10013020719
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Newer Need Not Be Better : Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights
Pinkovskiy, Maxim - 2016
Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …
Persistent link: https://www.econbiz.de/10012992665
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Using Spatial Factor Analysis to Measure Human Development
Qiu, Qihua - 2017
We propose a Bayesian factor analysis model as an alternative to the Human Development Index (HDI). Our model provides methodology which can either augment or build additional indices. In addition to addressing potential issues of the HDI, we estimate human development with three auxiliary...
Persistent link: https://www.econbiz.de/10012945152
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A Poor Means Test? Econometric Targeting in Africa
Brown, Caitlin - 2016
Proxy-means testing is a popular method of poverty targeting with imperfect information. In a now widely-used version, a regression for log consumption calibrates a proxy-means test score based on chosen covariates, which is then implemented for targeting out-of-sample. In this paper, the...
Persistent link: https://www.econbiz.de/10012977626
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Happiness and the Human Development Index : Australia is Not a Paradox
Leigh, Andrew; Wolfers, Justin - 2021
in place of the HDI. Indeed, in the World Values Survey, only one other country (Iceland) has a significantly higher …
Persistent link: https://www.econbiz.de/10013217627
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Happiness and the Human Development Index : The Paradox of Australia
Blanchflower, David G.; Oswald, Andrew J. - 2021
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and … have some of the lowest levels of job satisfaction in the world. Moreover, among the sub-sample of English-speaking nations …
Persistent link: https://www.econbiz.de/10013240657
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When Fast Growing Economies Slow Down : International Evidence and Implications for China
Eichengreen, Barry - 2011
Using international data starting in 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points, when their per capita...
Persistent link: https://www.econbiz.de/10013127765
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The U.S. Left Behind : The Rise of IPO Activity Around the World
Doidge, Craig - 2011
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO … the U.S. has fallen compared to the rest of the world and U.S. firms go public less than expected based on the economic …
Persistent link: https://www.econbiz.de/10013127767
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Sovereign Default Risk and Bank Fragility in Financially Integrated Economies
Bolton, Patrick - 2011
We analyze contagious sovereign debt crises in financially integrated economies. Under financial integration banks optimally diversify their holdings of sovereign debt in an effort to minimize the costs with respect to an individual country's sovereign debt default. While diversification...
Persistent link: https://www.econbiz.de/10013127984