This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...

Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...

Mandelbrot (1961) proposed to apply the class of Pareto-Levy distributions - which belong to the Stable distributions - as a framework for modelling income distributions. He also presented theoretic arguments in favor of the Pareto-Levy distributions. In this paper we provide additional...

OLS models are the predominant choice for poverty predictions in a variety of contexts such as proxy-means tests, poverty mapping or cross-survey impu- tations. This paper compares the performance of econometric and machine learning models in predicting poverty using alternative objective...

This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...

Mandelbrot (1961) proposed to apply the class of Pareto-Levy distributions - which belong to the Stable distributions - as a framework for modelling income distributions. He also presented theoretic arguments in favor of the Pareto-Levy distributions. In this paper we provide additional...

For estimating distributions from grouped data, setting up moment conditions in terms of group shares and group means leads to an optimal weight matrix and a GMM objective function that are considerably simpler than those from a previous specification. Minimization is more efficient and...

This paper consists of a re-reading of three works by John Stuart Mill and Harriet Taylor: the Principles of Political Economy (1848), The Subjection of Women (1869) both by J.S. Mill and Harriet Taylor’s essay, “The Emancipation of Women” (1851). The paper seeks to reinterpret these...

The results showing relationships between distributions of individual incomes and incomes of two-earners households are presented. It is shown that individual incomes are very well described by Dagum's distributions. Income distributions in two quite different countries (USA and Poland) are...

Mandelbrot (Int Econ Rev 1:79–106, <CitationRef CitationID="CR18">1960</CitationRef>) proposed using the so-called Pareto–Lévy class of distributions as a framework for representing income distributions. We argue in this article that the Pareto–Lévy distribution is an interesting candidate for representing income distributions...</citationref>