Showing 1 - 10 of 27
Numerical modelling of the personal income distribution (PID) in the USA from 1950 to 2003 is accomplished based on a microeconomic model for the personal income evolution. It is shown that the overall PID demonstrates the existence of some fixed hierarchical income distribution structure in the...
Persistent link: https://www.econbiz.de/10012734254
The personal income distribution (PID) above the Pareto threshold is studied and modeled. A microeconomic model is proposed to simulate the PID and its evolution below and above the Pareto income threshold. The model balances processes of income production and dissipation for any person above 15...
Persistent link: https://www.econbiz.de/10012734255
very low (lt;4 %) for ages over 45 years. It is demonstrated that the evolution of Gini coefficient, for the years with a … given age groups for the period between 1967 and 2005. This allows exact prediction of Gini coefficient and other measures ….In all age groups, the model predicts slightly decreasing Gini coefficients between 1977 and 2005. The overall G is …
Persistent link: https://www.econbiz.de/10012708780
Using a structural life-cycle model and data on school visits from Safegraph and school closures from Burbio, we quantify the heterogeneous impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental...
Persistent link: https://www.econbiz.de/10012697909
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with...
Persistent link: https://www.econbiz.de/10012824560
Income inequality between different races in the U.S. is especially large. This difference is even larger when gender is involved. In a complementary study, we have developed a dynamic micro-economic model accurately describing the evolution of male and female incomes since 1930. Here, we extend...
Persistent link: https://www.econbiz.de/10012831629
distributed according to the Pareto law. As a result, we have precisely described the change in Gini ratio since the start of …
Persistent link: https://www.econbiz.de/10013014051
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental...
Persistent link: https://www.econbiz.de/10012286894
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental...
Persistent link: https://www.econbiz.de/10012287976
Using a structural life-cycle model, we quantify the heterogeneous impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with...
Persistent link: https://www.econbiz.de/10012518046