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The bootstrap is a convenient tool for calculating standard errors of the parameter estimates of complicated econometric models. Unfortunately, the fact that these models are complicated often makes the bootstrap extremely slow or even practically infeasible. This paper proposes an alternative...
Persistent link: https://www.econbiz.de/10014137255
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there … differing assessments of poverty and inequality under quite general conditions. German microdata will be used to demonstrate and …
Persistent link: https://www.econbiz.de/10011374211
individuals' incidences to be trapped in poverty. We also provide simulation evidence confirming that our procedures work well. …
Persistent link: https://www.econbiz.de/10013187158
field of distributional analysis. To this end, it covers subjects including inequality, poverty, and the modeling of income …
Persistent link: https://www.econbiz.de/10014025345
individuals' incidences to be trapped in poverty. We also provide simulation evidence confirming that our procedures work well …
Persistent link: https://www.econbiz.de/10013554940
Persistent link: https://www.econbiz.de/10008797705
Persistent link: https://www.econbiz.de/10014451211
Although a wide array of stochastic dominance tests exist for poverty measurement and identification, they assume the … income distributions have independent poverty lines or a common absolute (fixed) poverty line. We propose a stochastic … dominance test for comparing income distributions up to a common relative poverty line (i.e., some fraction of the pooled median …
Persistent link: https://www.econbiz.de/10012161548
consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …
Persistent link: https://www.econbiz.de/10014552762
We examine three families of one-parameter functional forms for estimating Lorenz curves: power (elementary and Pareto), exponential (elementary and Gupta) and fractional (Rohde). The computing difficulties to determine the headcount ratio (i.e., the percentage of poor) have been underestimated....
Persistent link: https://www.econbiz.de/10012937624