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We examine the performance of asymptotic inference as well as bootstrap tests for the Alphabeta and Kobus-Miłoś family of inequality indices for ordered response data. We use Monte Carlo experiments to compare the empirical size and statistical power of asymptotic inference and the Studentized...
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This paper investigates the evolution of the productive structure around the world and the role it plays in the difference in inequality levels, using panel data for the period from 1995 to 2018. We approximate a country's productive structure through the Economic Complexity Index. Our results...
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This paper studies the importance of dynamic earnings modeling for the design of income contingent student loans (ICLs). ICLs have been shown to be theoretically optimal in terms of efficiency in the presence of risk aversion, adverse selection and moral hazard, and have attractive equity...
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We document a U-shaped relationship between income inequality and carbon dioxide emissions per capita, using a newly available panel data set on income inequality (GINI) with observations for 138 countries over the period 1960-2008. Our findings suggest that, for high-income countries with high...
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We study the effect of international trade and freeness of trade (openness) on interregional inequality within countries. We estimate a model derived from a structural economic-geography approach in which interregional inequality depends on weighted trade shares and trade costs. In addition to...
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