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Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...
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We review the use and the interpretation of some robustness concepts and techniques in some economic applications. We focus on estimation techniques in income distribution analysis and we discuss the reliability of inequality measures
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Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to take into account the characteristics of the data with which one usually has to work. These raise a number of common statistical problems which are addressed here for both...
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Having biased and unjustified income distribution in a country can have many unpleasant consequences such as, poor health, frustration and dissatisfaction, increase in social problems and criminal activities, unreliable education systems, etc. Therefore, determining the income distribution of a...
Persistent link: https://www.econbiz.de/10012861680
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...
Persistent link: https://www.econbiz.de/10013040004