It is a well-known fact that most of the asset returns tend to be skewed and heavytailed. Heavy tailed distributions … distributions for innovations. In this paper, GARCH and Threshold GARCH (TGARCH) models are applied on the Istanbul Stock Exchange …

The present work estimates poverty and inequality indices in various groups that are known to have high contributions … to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap … technique, we estimate confidence intervals for these indices and examine if the decrease of poverty and inequality during the …

inequality is associated with the inequality of observed exogenous circumstances of origin that determine individuals … a bi-parental household reduces income inequality, but in a small margin, in the range of 8 to 13 points of the Gini … part of income inequality may be associated with unobserved heterogeneity across individuals unrelated to circumstances of …

Wage inequality in Chile has remained high for decades and it is currently at the center of the political agenda …. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education …, and returns to education, this paper attempts to forecast wage inequality. Despite an increase in average earnings due to …