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In Mexico, as in most Latin American countries with indigenous populations, it is commonly believed that European phenotypes are preferred to mestizo or indigenous phenotypes. However, it is hard to test for such racial biases in the labor market using official statistics since race can only be...
Persistent link: https://www.econbiz.de/10010905959
The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 –...
Persistent link: https://www.econbiz.de/10011258559
Conclusions about poverty and the distribution of incomes are typically based on information obtained from sample surveys. However, sample surveys are subject to sampling and non-sampling errors. Statistical inference allows us to deal with sampling errors. In this paper, we demonstrate the...
Persistent link: https://www.econbiz.de/10005187387
DAD is designed to facilitate the analysis and the comparisons of social welfare, inequality, poverty and equity across distributions of living standards and using disaggregated data. It is freely distributed. DAD's features include the estimation of a large number of indices and curves that are...
Persistent link: https://www.econbiz.de/10005696365
This paper uses Colombian household survey data collected over the 1984-2005 period to estimateGini coefficients and their corresponding standard errors. We find a statistically significant increase in wage income inequality following the adoption of the liberalization measures during the early...
Persistent link: https://www.econbiz.de/10010828142
This note presents an innovative inference procedure for assessing if a pair of distributions can be ordered according to inverse stochastic dominance (ISD). At order 1 and 2, ISD coincides respectively with rank and generalized Lorenz dominance and it selects the preferred distribution by all...
Persistent link: https://www.econbiz.de/10011163076
Poverty and inequality are often estimated from grouped data as complete household surveys are neither always available to researchers nor easy to analyze. In this study we assess the performance of functional forms proposed by Kakwani (1980a) and Villasenor and Arnold(1989) to estimate the...
Persistent link: https://www.econbiz.de/10010717565
In this work, we study the short- and long-run properties of different inequality series vis-à-vis the most important macroeconomic series for a set of OECD countries. We employ standard tools of time series macro-econometrics (e.g. stationarity tests, detrending, co-movements analysis,...
Persistent link: https://www.econbiz.de/10010328362
Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank inequality aversion (v). However, a voluntary...
Persistent link: https://www.econbiz.de/10014577254
In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical judgements of income distributions. The sole parameter ε of this function expresses a society's aversion to inequality. However, the profession has not committed to the range...
Persistent link: https://www.econbiz.de/10013467156