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Routes to the top
König, Johannes; Schluter, Christian; Schröder, Carsten - 2023
rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both …
Persistent link: https://www.econbiz.de/10014468907
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Predicting poverty with missing incomes
Verme, Paolo - 2023
Poverty prediction models are used by economists to address missing data issues in a variety of contexts such as poverty profiling, targeting with proxy-means tests, cross-survey imputations such as poverty mapping, or vulnerability analyses. Based on the models used by this literature, this...
Persistent link: https://www.econbiz.de/10014276037
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A Cautionary Note on Using Industry Affiliation to Predict Income
Pischke, Jörn-Steffen - 2012
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of … industry affiliation as an instrument for income. We demonstrate that industry affiliation is correlated with fixed individual …
Persistent link: https://www.econbiz.de/10013099731
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Measurement error in earnings data: replication of Meijer, Rohwedder, and Wansbeek’s mixture model approach to combining survey and register data
Jenkins, Stephen; Rios-Avila, Fernando - 2021
Meijer, Rohwedder, and Wansbeek (MRW, Journal of Business & Economic Statistics, 2012) develop methods for prediction of a single earnings figure per worker from mixture factor models fitted using earnings data from multiple linked data sources. MRW apply their method using parameter estimates...
Persistent link: https://www.econbiz.de/10012485862
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New DIW Berlin model can nowcast the current income distribution : inequality likely to slightly increase in 2023
Bönke, Timm; Dany-Knedlik, Geraldine; Pagenhardt, Laura - In: DIW weekly report : economy, politics, science : a … 13 (2023) 43/44, pp. 283-289
The unequal distribution of labor income in Germany is a hotly debated topic among policymakers and the general public … development of the income distribution as well as the effects of current economic policy measures remain oblique. That is where … in the monthly gross labor income of employees. To do so, a number of macroeconomic labor market variables, such as the …
Persistent link: https://www.econbiz.de/10014431177
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Forecasting wage inequality
Ruiz-Tagle, Jaime - In: Estudios de economía 34 (2007) 2, pp. 141-162
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...
Persistent link: https://www.econbiz.de/10003746852
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Predictable Life-Cycle Shocks, Income Risk and Consumption Inequality
Primiceri, Giorgio E. - 2006
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10012733915
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Which model for poverty predictions?
Verme, Paolo - 2020
OLS models are the predominant choice for poverty predictions in a variety of contexts such as proxy-means tests, poverty mapping or cross-survey imputations. This paper compares the performance of econometric and machine learning models in predicting poverty using alternative objective...
Persistent link: https://www.econbiz.de/10012159707
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Nowcasting indicators of poverty risk in the European Union : a microsimulation approach
Navicke, Jekaterina; Rastrigina, Olga; Sutherland, Holly - 2013
policies. However, due to complicated nature of the European Union Statistics on Income and Living Conditions (EU-SILC) poverty …
Persistent link: https://www.econbiz.de/10009763917
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German economy currently scarcely making headway
Bönke, Timm; Dany-Knedlik, Geraldine; Baldi, Guido; … - In: DIW weekly report : economy, politics, science : a … 13 (2023) 36/37, pp. 245-253
Following the winter recession and stagnation in the second quarter of 2023, the economic upswing is proceeding at a sluggish pace, contrary to expectations over the summer. Weak foreign demand and ongoing inflation have proven to be slowing economic growth. For the time being, private...
Persistent link: https://www.econbiz.de/10014362798