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In the past few years sustainability and sustainable development have become important concepts widespread over the world. There is no agreement on a common definition of sustainability, but there is a general need to measure and assess sustainability in different geographical and spatial...
Persistent link: https://www.econbiz.de/10011608425
In recent years, policy experiments using large microeconomic datasets have gained ground in macroeconomics. Imposing rational expectations, we examine robustness of evidence derived from ideal natural experiments applied to atomistic agents in dynamic settings. Paradoxically, once experimental...
Persistent link: https://www.econbiz.de/10012855945
Wealth inequality has become a heated political issue. Politicians claim that wealth concentration is rising and that people at the top are gaining at other people's expense. In this study, I examine problems with the measurement of wealth and discuss whether wealth inequality is an issue that...
Persistent link: https://www.econbiz.de/10012838025
The damage of the global coronavirus pandemic extends beyond the health and lives of people; it also shows up in the shuttering of stores, restaurants, salons, theaters, ballparks, and breweries ordered by many state governors. Americans are left sitting at home, waiting for a way out of the...
Persistent link: https://www.econbiz.de/10012834620
This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data...
Persistent link: https://www.econbiz.de/10010316906
We present a unified structural equation modelling framework for the regression-based decomposition of rank-dependent indicators of socioeconomic inequality of health and compare it with a simple ordinary least squares regression. The structural equation modelling framework forms the basis for a...
Persistent link: https://www.econbiz.de/10010470402
This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data...
Persistent link: https://www.econbiz.de/10009738618
Persistent link: https://www.econbiz.de/10009236782
This is a Review of Guido Calabresi’s fascinating and thought-provoking new book, The Future of Law and Economics (presented in a book symposium held at the Hebrew University of Jerusalem in December 2016). The Review proposes to break the notion of commodification, as used by Calabresi, into...
Persistent link: https://www.econbiz.de/10014123734
The US Constitution mandates that a decennial census take place in 2020. It is standard procedure for households that do not mail their response (or complete it online) to be surveyed in person by enumerators hired for this purpose. But the highly contagious SARS-Cov-2 (novel coronavirus) makes...
Persistent link: https://www.econbiz.de/10012822535