Peru has made great progress in reducing poverty and inequality in the past decade alongside high economic growth. Albeit this progress, the incidence of poverty and inequality remain high. This paper examines the distributional and poverty impact of the public tax and transfer system in Peru....

Applied time series research often faces the challenge that (a) potentially relevant variables are unobservable, (b) it is fundamentally uncertain which covariates are relevant. Thus cointegration is often analyzed in partial systems, ignoring potential (stationary) covariates. By simulating...

Competing definitions of justice in Plato's Republic and Aristotle's Politics indicate the existence of two distinct economic systems with different normative priorities. The three-class society of the Platonic economy (guardians, auxiliaries, producers) gives rise to guardians who by virtue are...

Rising poverty and inequality increases the risk of social instability in countries all around the world. For measuring poverty and inequality there exists a variety of statistical indicators. Estimating these indicators is trivial as long as the income variable is measured on a metric scale....

Proxy wars are a key pattern of political conflict and interstate competition. Rather than resorting to direct conflicts, which are costly and entail a higher level of uncertainty, governments may opt for proxy wars, which may last longer, but are less costly and render them more immune to...

This project re-investigates the hookworm eradication efforts of the Rockefeller Foundation's Sanitary Commission (RSC) in the American South during the Progressive Era. The RSC worked to eradicate hookworm across 11 southern states between 1911 and 1915, efforts that have been linked to...

The transformation of area aggregates between non-hierarchical area systems is a standard problem of official statistics. We introduce a new method which is based on kernel density estimates. It is a modification of the SEM algorithm proposed by Gross et al. (2016), which was used for the...

Map-based regional analysis is interested to detect areas with a large concentration of certain populations. Here kernel density estimates (KDE) offer advantages over classical choropleth maps. However, kernel density estimation needs exact geo-coordinates. In a recent paper Groß et al. (2017)...

On the occasion of related proposals by the European Commission and the Eurogroup, this paper proposes to entrust the ESM with the hosting of the ESRB in the medium term. The novel proposal aims at strengthening the macro-prudential expertise of the ESM and at enhancing the independence of the...