This paper focuses on the decomposition of location measures according to a twofold geographical level of analysis. The methodology, based on the use of the Theil dissimilarity index, is potentially applicable to the assessment of the spatial distribution of several economic phenomena when...

Housing bubbles and crashes are catastrophic events for economies, implying enormous destruction of housing wealth, financial default risks, construction unemployment, and business cycle downturns. This paper investigates whether governmental housing policies can affect economies’ propensity...

In this paper, we develop a new index labelled the African Women Vulnerability Index (AWVI) with a focus on rural women using Round 7 of the Afrobarometer Survey. The AWVI comprises 59 indicators in six dimensions namely: safety, empowerment, health, education, economic prosperity and...

This paper proposes new composite measures of relative and dynamic state performance to improve governance and delivery of public programs in developing countries with a federal structure. We rank the performance of 19 major Indian states on two large development programs launched by the Indian...

In 2020, Berlin enacted a rigorous rent-control policy: the “Mietendeckel” (rent freeze), aiming to stop rapidly growing rental prices. We evaluate this newly enacted but old-fashionably designed policy by analyzing its immediate supply-side effects. Using a rich pool of rent advertisements...

This paper develops a novel multilateral test approach to the problem of international comparisons. Many of the associated tests are justified as "reasonable" using the fact that they are direct analogues to properties of the cost-of-living index. Further support is bestowed upon the new...

In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...

In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...

Reference: Challenge, January/February, 1979

The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development...