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We use non-parametric methods to propose horizontal inequity (HI) measures that satisfy certain normative and statistical properties. The HI measures tackle the problem of arbitrary definition of similar individuals and satisfy the horizontal transfer principle. HI is measured by any index...
Persistent link: https://www.econbiz.de/10005115574
Over recent decades, most of the developing economies of Asia achieved reductions in absolute poverty incidence, but these reductions varied greatly in size. Differences in the rate of aggregate economic growth explain part, but not all of these differences. One factor that would be important is...
Persistent link: https://www.econbiz.de/10005115711
relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm … different fiscal policies, either demand or supply-orientated. The main findings are that high inequality leads to a large …
Persistent link: https://www.econbiz.de/10005118800
Racial segregation in residential patterns remains pervasive in the United States. This persistence is usually attributed to some combination of neighborhood preferences over racial composition, discrimination in real estate and credit markets, and the effects of racial disparities in income. We...
Persistent link: https://www.econbiz.de/10005119037
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10005120819
The paper computes lifetime welfare functions for French and American workers. For the vast majority of workers, we find that the lifetime discrepancy between the welfare of an employed and that of an unemployed worker appear to be quite similar in the two countries, corresponding to 9 monthly...
Persistent link: https://www.econbiz.de/10005120841
How well have New Zealand households fared over a decade of extensive economic and social changes? This study compares household incomes in 1997/98 with household incomes in 1987/88, using the concept of "final income". Final income is a measure of the income accruing to households after...
Persistent link: https://www.econbiz.de/10005121013
Three subsequent years of the October Household Survey data are used to construct a synthetic panel. Preparing cross sectional data that way allows to better utilise individual information and to address temporal developments also in the absence of genuine panel data. This paper focuses on...
Persistent link: https://www.econbiz.de/10005121194
Standard explanations for the income heterogeneity within neighborhoods rely on differences of preferences across households and heterogeneity of the housing stock. We propose an alternative and complementary explanation. We construct a stochastic equilibrium sorting model where (1) income is...
Persistent link: https://www.econbiz.de/10005121224
La literatura existente ha asumido que el efecto de la sobre-educación es constante a lo largo de la distribución condicional de salarios. En este artículo usamos la regresión cuantílica con datos de 12 países europeos para mostrar que las diferencias entre los segmentos de la...
Persistent link: https://www.econbiz.de/10005121300