This study compares the estimation errors of several present value discounting conventions (end-of-year, mid-year, and the more recently proposed harmonic mean convention) for a uniform distribution of intra-period cash flow - continuous and discrete. Our results show that the mid-year...

Growing income inequality amplifies social vulnerability to climate change. By linking global with local scenario building for the case of Pune, our approach identifies future trends in inequality and assesses to which degree policy measures considered in Pune account for the climate...

Die Generation hat alle Aussichten, im 21. Jahrhundert die zentrale Kategorie der Verteilung von Einkommen, Vermögen und Status zu werden, nachdem im 19. Jahrhundert die Klasse und im späten 20. Jahrhundert das Geschlecht die Verteilungsdebatten beherrschten. Die Auseinandersetzung um die...