Korean employers screen job applicants' detailed personal backgrounds with the intent to discriminate among them. This study develops a statistical model of employers' problem in recruiting, and identifies a hierarchical process whereby employers screen applicants' personal characteristics in...

This study evaluates a novel scheme to trade sulfur dioxide emission permits subject to non-uniform rates. These rates are based on generators' marginal costs of compliance with environmental policy in a hypothesized least social-cost solution. This scheme is compared against the existing...

Social capital is both an input and an output of individuals' economic choices, but relatively little is known about social capital investment, particularly in individuals' old age. With a premise that SC is an individual-level concept in which individuals purposely invest, we estimate elderly...

It is sometimes observed and frequently assumed that top incomes in household surveys worldwide are poorly measured and that this problem biases the measurement of income inequality. This paper tests this assumption and compares the performance of reweighting and replacing methods designed to...

The paper re-estimates the Gini inequality index for the United States using the Current Population Survey between 1979 and 2014 and two alternative correction methods for top income biases. Top incomes in household surveys are affected by a variety of biases related to survey design, income...

Existing literature has identified the effects of competition and firms' ownership and management structure on firms' decisions to invest in innovation. We extend this literature by examining the role of market-demand uncertainty on the relationship between firm ownership, management structure...

The vast majority of existing studies gauging economic inequality rely on current household income or consumption expenditures. Since wealth is distributed more widely across households, and household wealth is related positively to income and consumption, overall inequality is likely to exceed...

This study exploits unprecedented access to income data and a combination of newly developed statistical methods to evaluate income inequality in Egypt and test for potential top incomes biases. Income inequality in Egypt is found to be low by regional and world standards; top incomes are found...

The paper discusses the main issues related to negative and zero incomes that are relevant for the measurement of poverty. It shows the prevalence of non-positive incomes in high- and middle-income countries, provides an analysis of the sources and structure of these incomes, outlines the...