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I provide formulas for the influence function of two common misallocation statistics: TFP loss from misallocation and … sample analogs to influence functions for calculating the asymptotic variance and standard errors of statistics. This … approach applies to a wide range of statistics and is useful for conducting inference in a minimum-distance estimation …
Persistent link: https://www.econbiz.de/10014346767
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10013044420
methodology of Beach (2021) to percentile-based distribution statistics such as quintile income shares and decile means typically …
Persistent link: https://www.econbiz.de/10012670923
When comparing poverty across distributions, an analyst must select a poverty line to idendify the poor, an equivalence scale to compare individuals from households of different compositions and sizes, and a poverty index to aggregate individual deprivation into an index of total poverty. A...
Persistent link: https://www.econbiz.de/10014191767
This chapter discusses the formal and informal techniques that are commonly used to give quantitative answers in the field of distributional analysis. To this end, it covers subjects including inequality, poverty, and the modeling of income distributions. It also deals with parametric and...
Persistent link: https://www.econbiz.de/10014025345
competing models of trend GDP inflation, several trend specifications seem to be about equally good …
Persistent link: https://www.econbiz.de/10013112644
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