Inflation is often assumed to affect all people in the same way. In practice, differences in spending patterns across households and differences in price increases across goods and services lead to unequal levels of inflation for different households. In this paper, we measure the degree of...

We use spline interpolation to approximate the subjective cumulative distribution function of an economic agent over the future realization of a continuous (possibly censored) random variable. The method proposed exploits information collected using a small number of probability questions on...

Within-country differences in educational outcomes are compared for a large group of industrialised countries. We investigate where inequality is greatest, the association between inequality in learning and average levels of learning, the interpretation of measured levels of inequality, and...

This paper measures inequality of opportunity in adult health in Colombia using the 2010 Living Standards and Social Mobility Survey, a rich dataset that provides unique information about individual childhood circumstances in that country. Dissimilarity and Gini-opportunity indexes are...

While it is well documented that political participation is stratified by socio-economic characteristics, it is an open question how this finding bears on the evaluation of the democratic process with respect to its fairness. In this paper we draw on the analytical tools developed in the...

Program evaluations often focus on average treatment effects. However, average treatment effects miss important aspects of policy evaluation, such as the impact on inequality and whether treatment harms some individuals. A growing literature develops methods to evaluate such issues by examining...

Rank-size distributions of local government debt, regardless of the way in which data is categorized, namely, regions, types, or all local governments, are found not to be normally distributed but consistent with a mathematical principle known as power law. This implies that local government...

In 1994, Argentina introduced Pension Reform and Unemployment Benefits as a major reform component to its social security system. This papers analyzes the effects of introducing new individual accounts in the pension system - which was under effect between 1994 and 2008 - over wages, employment...

Since 2008, excess liquidity – defined as the sum of holdings of central bank reserves in excess of reserve requirements and holdings of equivalent central bank deposits – has tended to accumulate in specific euro area countries and in a small, slowly changing group of credit...

While the "relative Gini coefficient" is one of the common criteria for measuring inequality, people's perception of inequality seems to go beyond this criterion. Hence, self-report of subjective well-being (SWB) is becoming the focus of studies in public policies to improving social welfare....