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This paper applies generalized Lorenz analysis to income distributions of ten countries using advanced statistical procedures to construct confidence bands around estimates and to generate truncated generalized Lorenz curves to construct a poverty ordering of the countries.
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The goal of this paper is threefold. First, to make stochastic dominance comparisons as well as Lorenz orderings for five European countries. Second, to analyze the changes in distributions across time, and third, to explore whether there is evidence of convergence or divergence in European...
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We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10009379499