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We consider the modelling of rare events in financial time series,and introduce a marked point process model for the excesses of thetime series over a high threshold that combines a self-exciting processfor the exceedances with a mark (size) dependent process. This allowsrealistic models for...
Persistent link: https://www.econbiz.de/10005858382
high levels of inequality. Decomposition analysis shows that poverty reduction in Namibia is largely driven by growth in … mean incomes rather than redistribution. Even so, there have been important changes in inequality, especially between … different social groups, as educational attainment has replaced ethnicity as the main determinant of inequality between groups. …
Persistent link: https://www.econbiz.de/10010293269
economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …
Persistent link: https://www.econbiz.de/10010293303
a goal of reducing inequality in income and other dimensions of poverty within and between countries. Second, this …
Persistent link: https://www.econbiz.de/10010293310
intraregional inequality and inequity with respect to levels of income and access to basic services and identifying priority sectors …
Persistent link: https://www.econbiz.de/10010293311
workers enjoy a better distribution of wages, but the attribution of the gap to wage inequality and human capital …
Persistent link: https://www.econbiz.de/10011310193
-specific dimensions, indicators, weights and cut-offs. This paper analyses the 2013 round of the multidimensional poverty and inequality …
Persistent link: https://www.econbiz.de/10011335894
What has happened to inequality between and within countries since 1990? In this paper we explore who have been the … winners and losers from global growth since 1990. We find that falls in total global inequality in the last 30 years are …
Persistent link: https://www.econbiz.de/10011335897
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … detailed micro level information to construct historical measures of inequality from 1968 to 2008. We study whether monetary … monetary policy shocks lead to a deterioration in earnings and income inequality and contribute to its fluctuation. Our …
Persistent link: https://www.econbiz.de/10011380977
channels through which structural change and inequality reinforce each other and show how they simultaneously emerge from …
Persistent link: https://www.econbiz.de/10011420552