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The purpose of this study is to explore the question of how similar or how different are equivalence scales of selected countries in the Asia-Pacific region. In particular, the article investigates whether equivalence scales for Australia, the Philippines and Thailand are comparable. That the...
Persistent link: https://www.econbiz.de/10005156840
Inequality comparisons require equivalence scales to account for differences in household size and composition. The multiplicity of equivalence scale models makes the sensitivity of the inequality calculations to the scale used a significant policy issue. Such an investigation based on unit...
Persistent link: https://www.econbiz.de/10005290275
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The paper examines the nature and extent of global and regional inequality using the most recent country level data on inequality drawn from World Bank studies, and real per capita income from the Penn World Tables, for the period 1980-90. The methodology employed in the paper is based on a...
Persistent link: https://www.econbiz.de/10005612980
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In this paper, we employ stochastic dominance analysis on Australian unit records to investigate trends in inequality and relative welfare levels in Australia over the period 1983 to 2004. We find that that when the stochastic dominance tests are applied to income and expenditure distributions...
Persistent link: https://www.econbiz.de/10010538790
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Bayesian estimation of a collection of seemingly unrelated regressions, referred to as a ‘set of seemingly unrelated regressions’ is considered. The collection of seemingly unrelated regressions is linked by common coefficients and/or a common error covariance matrix. Gibbs samplers useful...
Persistent link: https://www.econbiz.de/10005750845
This study estimates a cost function for higher education in Australian universities using pooled series of cross-sectional data. The study enabled the quantification of the cost differences between levels of studies and subject areas. The cost function is useful in an number of ways. It can be...
Persistent link: https://www.econbiz.de/10005612116