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The Paraguayan economy did not suffer debt crises in the eighties and had significant growth rates in the second half on the seventies, but poverty remained a problem. Understanding the performance and spatial distribution of poverty and inequality over a period of more than ten years can shed...
Persistent link: https://www.econbiz.de/10011934531
In this paper we head for a fully Bayesian analysis of the latent class model with a priori unknown number of classes. Estimation is carried out by means of Markov Chain Monte Carlo (MCMC) methods. We deal explicitely with the consequences the unidentifiability of this type of model has on MCMC...
Persistent link: https://www.econbiz.de/10005844780
In the present paper we consider Bayesian estimation of a finite mixture of models with random effects which is also known as the heterogeneity model. First, we discuss the properties of various MCMC samplers that are obtained from full conditional Gibbs sampling by grouping and collapsing.(...)
Persistent link: https://www.econbiz.de/10005844781
This paper presents the fully Bayesian analysis of the latent class model using a new approach towards MCMC estimation in the context of mixture models. The approach starts with estimating unidentified models for various numbers of classes.(...)
Persistent link: https://www.econbiz.de/10005844794
In this paper we carry out fully Bayesian analysis of the general heterogeneity model, which is a mixture of random effects model, and its special cases, the random coefficient model and the latent class model. Our application comes from Conjoint analysis and we are especially interested in what...
Persistent link: https://www.econbiz.de/10005844809
We examine the drivers of inequality change in Honduras between 1991-2007, trying to understand why inequality increased in Honduras until 2005, while it was falling in most other Latin American countries. Using annual household surveys, we document first rising inequality between 1991-2005,...
Persistent link: https://www.econbiz.de/10010319838
Poverty reduction is entirely determined by the growth rate of population?s mean per capita income1 and by the change in the distribution of income. This places the empirical relation between growth and inequality at the heart of poverty reducing strategies. This study, which estimates the...
Persistent link: https://www.econbiz.de/10010296037
Die vorliegende Arbeit nimmt das Problem der konsumentenbasierten Messung von Markenwert zum Ausgangspunkt einer theoretischen und empirischen Analyse verschiedener Messvorschläge. Im Mittelpunkt der Betrachtung steht der Zusammenhang zwischen geäußerten bzw. beobachteten Präferenzen und der...
Persistent link: https://www.econbiz.de/10009480940
Latin America is the most unequal region of the world in terms of income or expenditure, as well as regarding other aspects of economic or social exclusion. The region suffered the lost decade of the nineteen eighties, and experienced a modest recovery in the nineteen nineties. In the nineteen...
Persistent link: https://www.econbiz.de/10010281806