This paper aims at highlighting the inequality aversion of the Cameroonian social planer. This is allowed by the multilevel (α, β) - decomposition of the α - Gini which integrate in its functional form a parameter of inequality aversion of the decision maker being related either to...

We examine the empirical link between loans and economic activity in Turkey with a focus on the components of loans by borrower (household/business) and by purpose of use (housing/personal) as well as currency of denomination (domestic/foreign). We estimate a separate VAR model for each type of...

We account for the price and quantity components of a decomposition of the expression for a GDP increase accross periods. Our linear measure is compared with Irving Fisher s multiplicative measure. Where technical progress enters is noted.

We use an extensive, matched employer-employee dataset to analyze the employersize wage relation and its contribution to wage inequality in Germany. Applying models with additive fixed effects for workers and establishments, we document that the large firm wage premium, which has risen over 25...

In this paper, we present a sequential decomposition algorithm to compute graphon mean-field equilibrium (GMFE) of dynamic graphon mean-field games (GMFGs). We consider a large population of players sequentially making strategic decisions where the actions of each player affect their neighbors...

Factor momentum returns do not stem from momentum in factor returns. To study the source of returns, this paper decomposes the stock factor momentum portfolio into a factor timing portfolio and a static portfolio, where the former dynamically collects the return due to serial correlations of...

This paper studies the determinants of changes in unhappiness rate (low happiness, poverty of happiness, misery) over time. We focus on two post-socialist countries, Poland and Russia, which experienced radical social and economic transformations since the collapse of communism. Using data from...

Understanding within and between group inequality is fundamental in understanding the evolution of income inequality in any country. Using a century of data for France, and the Theil measure of income inequality, which is decomposable, we show that income inequality within the bottom 90\%...