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A New Framework for the Analysis of Inequality
Cunha, Flavio - 2006
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012466145
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Why Measure Inequality?
Kaplow, Louis - 2002
A large body of literature is devoted to the measurement of income inequality, yet little attention is given to the … question, Why measure inequality? However, the reasons for measurement bear importantly on whether and how measurement should … of the sort that are emphasized in the existing measurement literature. Measures of poverty are also considered, and …
Persistent link: https://www.econbiz.de/10012469364
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Redistribution through Education and Other Transfer Mechanisms
Hanushek, Eric - 2001
Educational subsidies are frequently justified as a method of altering the income distribution. It is thus natural to compare education to other tax-transfer schemes designed to achieve distributional objectives. While equity-efficiency trade-offs are frequently discussed, they are rarely...
Persistent link: https://www.econbiz.de/10012470128
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Intrahousehold Inequality
Chiappori, Pierre-André - 2014
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...
Persistent link: https://www.econbiz.de/10012458473
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Sequential Monte Carlo Sampling for DSGE Models
Herbst, Edward P. - 2013
We develop a sequential Monte Carlo (SMC) algorithm for estimating Bayesian dynamic stochastic general equilibrium (DSGE) models, wherein a particle approximation to the posterior is built iteratively through tempering the likelihood. Using three examples consisting of an artificial state-space...
Persistent link: https://www.econbiz.de/10012459510
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Bayesian Estimation of Epidemiological Models : Methods, Causality, and Policy Trade-Offs
Arias, Jonas E.; Fernández-Villaverde, Jesús; … - National Bureau of Economic Research - 2021
We present a general framework for Bayesian estimation and causality assessment in epidemiological models. The key to our approach is the use of sequential Monte Carlo methods to evaluate the likelihood of a generic epidemiological model. Once we have the likelihood, we specify priors and rely...
Persistent link: https://www.econbiz.de/10012496171
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Measuring Total Household Spending in a Monthly Internet Survey : Evidence from the American Life Panel
Hurd, Michael D. - 2012
Beginning in May 2009 we fielded a monthly Internet survey designed to measure total household spending as the aggregate of about 40 spending components. This paper reports on a number of outcomes from 30 waves of data collection. These outcomes include sample attrition, indicators of data...
Persistent link: https://www.econbiz.de/10012460685
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Innovativity : A Comparison Across Seven European Countries
Mohnen, Pierre - 2006
: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway and Italy for the year 1992. Based on the estimation of a …
Persistent link: https://www.econbiz.de/10012466388
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Using Tax Data to Better Capture Top Incomes in Official UK Income Inequality Statistics
Webber, Dominic - 2020
This paper presents new research and analysis to develop a methodology for improving the measurement of the upper tail …
Persistent link: https://www.econbiz.de/10012481436
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Income Segregation : Up or Down, and for Whom?
Logan, John R. - 2020
Reports of rising income segregation have been brought into question by the observation that post-2000 estimates are upwardly biased due to a reduction in the sample sizes on which they are based. Recent studies have offered estimates of this "sample-count" bias using public data. We show here...
Persistent link: https://www.econbiz.de/10012482002