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A New Index to Measure the Income Inequality for the Poor and the Rich
Chan, Raymond Honfu - 2019
different distributions.To circumvent the above limitations, this paper proposes a new index which can make comparison between … any groups with different income level, for example, the richest group and the poorest group. The new index provides … different values for different distributions and different parts of any distributions. The new index satisfies the axioms of …
Persistent link: https://www.econbiz.de/10012865301
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Increasing weather risk : fact of fiction?
Wang, Weining; Bobojonov, Ihtiyor B.; Härdle, Wolfgang; … - 2011
It is an undisputed fact that weather risk increases over time due to climate change. However, qualification of this statement with regard to the type of weather risk and geographical location is needed. We investigate the application of novel statistical tools for assessing changes in weather...
Persistent link: https://www.econbiz.de/10009379509
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Weighing up the credit-to-GDP gap : a cautionary note
Karagedikli, Özer; Rummel, Ole - 2020
It has been argued that credit-to-GDP gaps (credit gap) are useful early warning indicators for banking crises. In addition, the Basel Committee on Banking Supervision has also advocated using these gaps - estimated using a one-sided Hodrick-Prescott filter with a smoothing parameter of 400,000...
Persistent link: https://www.econbiz.de/10012205557
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Across-Country Wage Compression in Multinationals
Hjort, Jonas - 2020
' establishments across the world and in employee-level data on the same employers' establishments in Brazil …
Persistent link: https://www.econbiz.de/10012840272
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Global Trends in Income Inequality and Income Dynamics : New Insights from GRID
Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
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Setting the minimum wage
Boeri, Tito - 2009
The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...
Persistent link: https://www.econbiz.de/10003879369
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Noncognitive skills in economics : models, measurement, and empirical evidence
Thiel, Hendrik; Thomsen, Stephan L. - 2009
There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...
Persistent link: https://www.econbiz.de/10003903035
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Noncognitive skills in economics : models, measurement, and empirical evidence
Thiel, Hendrik; Thomsen, Stephan L. - 2011 - Revised version: November 15, 2011
There is an increasing economic literature considering personality traits as a source of individual differences in labor market productivity and other outcomes. This paper provides an overview on the role of these skills regarding three main aspects: measurement, development over the life...
Persistent link: https://www.econbiz.de/10009424169
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The determination of wages and the gender wage gap : a survey
Kunze, Astrid - 2000
In this paper the extensive empirical literature on the gender wage gap is reviewed with particular attention given to the identification of the key parameters in the specified human capital wage regression models. This aspect has been of great importance in the literature chiefly for two...
Persistent link: https://www.econbiz.de/10011336850
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Globalization and income inequality : the role of transmission mechanisms
Hennighausen, Tanja - 2014
The openness to international trade and capital movements of industrialized countries has increased substantially during the recent decades. At the same time, most of these countries experienced a rise in income dispersion. Against this background, the paper analyzes empirically whether the...
Persistent link: https://www.econbiz.de/10010354569