In this paper, we show that the rate of unemployment in period t depends on GDP and inflation rate in period t-1. We then show that GDP is related to money creation, and subsequently that the rate of unemployment is a decreasing function of this creation.

Observing the weakness in the previous structural analyses on Environmental Kuznets Curve (EKC) formation, in this paper, author deepens the analysis into the detailed data of production and SO2 emission intensity of the 29 industrial sectors (occupying over 98% of the total industrial...

Au cours de la période 1961/2000, pourquoi la tendance à la hausse des taux de chômage s’est-elle inversée dans des économies « anglo-saxonnes » comme les États-Unis et le Royaume-Uni et pas dans des économies « continentales » telles que l’Allemagne, la France et l’Italie ?...

The aim of this paper is to provide an application of the Shapley Value to decompose financial portfolio risk. Decomposing the sample covariance risk measure yields relative measures, which enable securities of a portfolio to be classified according to risk scales.

In 1990, Cerioli and Zani introduced an operational multivariate method to analyse and measure poverty, aiming at incorporating several dimensions of poverty. As Dagum and Costa [2004] showed, this study applies the fuzzy set theoretic approach and thus making quantitatively operational the...

Gini and entropy are the most use measures to gauge income inequalities. We show that each measure yields different subgroup decomposition techniques into within-group inequalities and between-group inequalities. Then, we show that the Gini index has been decomposed into many ways to bring out a...

This article extends the paper of Dagum C. and Costa M. (“Analysis and Measurement of Poverty. Univariate and Multivariate Approaches and their Policy Implications. A case of Study: Italy”, In Dagum C. and Ferrari G. (eds.), Household Behaviour, Equivalence Scales, Welfare and Poverty,...