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In 1979, the Danish mathematician Georg Rasch recounted a 1959 visit with his former teacher, and later economics Nobel Prize winner, Ragnar Frisch. At this time, Frisch prompted Rasch to formalize his work in a separability theorem. Previously unnoted is that Frisch's close colleague, Irving...
Persistent link: https://www.econbiz.de/10013132627
In 1959, Ragnar Frisch prompted Georg Rasch to formalise a separability theorem that continues today to serve as the basis of a wide range of theoretical and applied developments in psychological and social measurement. Previously unnoted are the influences on Rasch exerted by Frisch’s...
Persistent link: https://www.econbiz.de/10013214837
This paper proposes a model-based index for quantifying capability deprivation using multiple indicators for multiple dimensions. The proposed index, derived from a structural latent variable model, is a 'two-level' index which can be interpreted as a measure of the lack of freedom to achieve a...
Persistent link: https://www.econbiz.de/10014138525
We construct a new dataset of inequality in educational attainment by age and sex at the global level. The comparison of education inequality measures across age groups allows us to assess the effect of inter-generational education attainment trends on economic growth. Our results indicate that...
Persistent link: https://www.econbiz.de/10010432435
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Looking at the decentralized provision of public education in a middle-income country, this paper estimates the impact of local autonomy on service quality, finding large heterogeneity in the effect across different levels of local development. In the year 2002, Colombian municipalities were...
Persistent link: https://www.econbiz.de/10012242139
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We develop a theoretical model that jointly explains optimal choices and happiness. We work with constant elasticity of substitution functions for utility and happiness. Employing a choice framework, individuals are confronted with two options. When there exists a trade-off, we determine...
Persistent link: https://www.econbiz.de/10012287805