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We present three generalized, empirical, economic inequality definitions for the empirical dominance of the income … dominance concepts and inequality measures. This unification is achieved through the transformation function G. We study the … effects of the economic inequality definitions on location and dispersion of the income distribution. Log-normal, log …
Persistent link: https://www.econbiz.de/10010720163
The public health care systems in the Nordic countries provide high quality care almost free of charge to all citizens. However, social inequalities in health persist. Previous research has, for example, documented substantial educational inequalities in cancer survival. We investigate to what...
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This paper focuses on the causes of increased wage inequality in OECD countries in recent years and its decomposition …. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in … observed increases in inequality is substantially altered relative to a long-run factors mobile world. This conclusion applies …
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It can be argued that just as there are different kinds of literacy, there are different kinds of illiteracy. A proximate illiterate, i.e. an illiterate who has easy access to a literate person, is clearly better off than someone without such access. The existing literature that takes account of...
Persistent link: https://www.econbiz.de/10010292065
This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data. We develop a specific approximation to the optimal consumption growth rule and use Monte Carlo evidence to show that this approximation can provide a robust...
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our methodology. We utilised the framework to model changes to the level of income inequality from the period just before … inequality fell in the early part of the crisis, but rose steadily and then rapidly. Much of this change was due to rising … inequality of market incomes, (even when discounting unemployment). This was due to the differential effect of the downturn on …
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