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, thanks to initial conditions at the time of reform and actions by the center to curtail the power of local elites …
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- thanks to initial conditions at the time of reform and actions by the center to curtail the power of local elites. The … competitive market-based privatization. The authors find that 95-99 percent of maximum aggregate consumption (depending on the … attribute this outcome to initial conditions at the time of reform and actions by the center to curtail the power of local …
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aggregate impact on inequality into a quot;verticalquot; component (between people at different pre-reform welfare levels) and a … quot;horizontalquot; component (between people at the same pre-reform welfare level). There is a large horizontal component …
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inequality into a "vertical" component (between people at different pre-reform welfare levels) and a "horizontal" component … (between people at the same pre-reform welfare level). There is a large horizontal component which dominates the vertical …
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test for non-linearity in the dynamics of household expenditures and incomes using panel data for rural south-west China …
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