Narrow search
Showing 1 - 10 of 115
Cover Image
National and International Income Dispersion and Aggregate Expenditures
Fillat, Carmen; Francois, Joseph - 2004
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10010325274
Cover Image
Abolishing GDP
van den Bergh, Jeroen C.J.M. - 2007
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10010325488
Cover Image
Well-Being Inequality and Reference Groups - An Agenda for New Research
van Praag, Bernard M.S. - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10010325687
Cover Image
A New Inequality Measure that is Sensitive to Extreme Values and Asymmetries
McAleer, Michael; Ryu, Hang K.; Slottje, Daniel J. - 2017
properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Gini) that poorly detect the extreme values present in the underlying empirical IDF. This paper introduces a new inequality … measure to supplement, but not to replace, the Gini that measures more accurately the inherent asymmetries and extreme values …
Persistent link: https://www.econbiz.de/10011819495
Cover Image
Well-Being Inequality and Reference Groups - An Agenda for New Research
van Praag, B.M.S - 2010
It is argued that the concept of well-being inequality cannot be properly defined without taking the reference process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the...
Persistent link: https://www.econbiz.de/10014191144
Cover Image
Bibliometric Rankings of Journals based on the Thomson Reuters Citations Database
Chang, Chia-Lin; McAleer, Michael - 2015
Virtually all rankings of journals are based on citations, including self citations by journals and individual academics. The gold standard for bibliometric rankings based on citations data is the widely-used Thomson Reuters Web of Science (2014) citations database, which publishes, among...
Persistent link: https://www.econbiz.de/10011288398
Cover Image
On a Simple Survey Measure of Individual Risk Aversion
Hartog, Joop; Ferrer-i-Carbonell, Ada; Jonker, Nicole - 2000
We ask individuals for their reservation price of a specified lotteryand deduce their Arrow-Pratt measure of risk aversion.This allows direct testing of common hypotheses on risk attitudes inthree datasets. We find that risk aversion indeed fallswith income and wealth. Entrepreneurs are less...
Persistent link: https://www.econbiz.de/10010324557
Cover Image
Measuring and Explaining the Limited Take-up of the Housing Benefit in the Netherlands
Rouwendal, Jan - 2002
It is well known that the take-up rate of the Dutch housing benefit and othermeans tested benefits is substantially below 100%. In order to measure non-take up oneusually has to simulate entitlement to the benefits. In this paper we take a closer look atthe quality of the simulation. We find...
Persistent link: https://www.econbiz.de/10010324819
Cover Image
Empirical Relevance of the Hillman Condition and Comparative Advantage
Hinloopen, Jeroen; van Marrewijk, Charles - 2004
We analyze the empirical violation of the Hillman condition, a necessary and sufficient condition for the correspondence between comparative advantage and pre-trade relative prices. Our comprehensive data set allows us to investigate the Hillman condition for virtually all countries of the...
Persistent link: https://www.econbiz.de/10010325500
Cover Image
Combining Panel Data Sets with Attrition and Refreshment Samples
Hirano, Keisuke; Imbens, Guido W.; Ridder, Geert; … - 1998
With panel data important issues can be resolved that can not beaddressed with cross--sectional data. A major drawback is that paneldata suffer from more severe missing data problems. Adding a sampleconsisting of new units randomly drawn from the original populationas replacements for units who...
Persistent link: https://www.econbiz.de/10010325629