The 1992-93 recession in the western states of Germany has been attributed, in substantial measure, to the macroeconomic consequences of policies to finance unification. Studies of the costs of unification have not attempted to measure the burden of the recession. We estimate a dynamic, panel...

We decompose the Lorenz curve (LC) and its associated concentration curve (CC) by population subgroups. To illustrate these decompositions, we examine changes in earnings inequality among West Germans, East Germans, and foreign guest workers during the recent German unification. We show that...

Market-oriented economic reform, which accelerated after 1992, has brought substantial changes to the Chinese economy. This dramatic economic transition was raised two important questions: 'How are women faring in the transition from a planned economy to a market economy?' and 'Are some women...

Our research examines how individual and community factors influence the average length of poverty spells. We measure local economic conditions by the county unemployment rate and neighborhood spillover effects by the racial makeup and poverty rate of the county. We find that moving an...

This paper examines the controversy between the traditional Pigovia n analysis of social cost and the more recent property-rights approach. It is demonstrated that, while the Pigovian approach assigns no a priori rights or liabilities, the imposition of a Pigovian tax results in the assignment...