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Persistent link: https://www.econbiz.de/10005382227
This paper tests the hypothesis that the time-series process of income inequality has experienced a structural break. The timing of the structural break is treated as an unknown parameter to be estimated from the data because it is not possible to associate a single episodic policy event with...
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This paper utilizes the generalized Fechner-Thurstone direct utility function to see if relative price changes in neighboring countries affect the preference structure of the host country. The authors analyze the case of Canada, Mexico, and the United States. They utilize the generalized...
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In this paper, the authors analyze the level of income inequality across states in 1970 and 1980 for several demographic groups. Furthermore, they examine the impact of labor-force participation, education, and other variables on inequality. They find that for the whole population, states with...
Persistent link: https://www.econbiz.de/10005195941
This paper analyzes the impact of macroeconomic activity on the level of poverty in the U.S. economy. The authors us e a macroeconometric model of poverty in the United States where the rat e of poverty is presumed to depend upon changes in various indicators of macroeconomic performance and...
Persistent link: https://www.econbiz.de/10005692389
A multidimensional approach to measuring the quality of life across countries is introduced. The author operationalizes A. Sen's concept that other factors besides gross domestic product and mortality rates should be incorporated into any quality of life analysis. This paper examines twenty...
Persistent link: https://www.econbiz.de/10005692593