This study applies the regression-based inequality decomposition technique to explain poverty and inequality trends in Cameroon. We also identify gender related factors which explain income disparities and discrimination based on the 2001 and 2007 Cameroon household consumption surveys. The...

Recent studies have used regression decomposition to analyze recent data and found that over seventy percent of the black-white wealth differences remained unexplained (See, e.g., Gittleman and Wolff 2000; Altonji, Doraszelski and Segal 2000; and Blau and Graham 1990). Their results are limited to the...

This paper adopts a macroeconomic structural decomposition approach to investigate the sources of economic growth of the PRC, particularly the contributions of the import substitution of the intermediate inputs, the private consumption goods and the investment goods. The latter three are...

This paper aims to analyze the dynamics of information asymmetry in market microstructure through the Easley et al. (2002)'s PIN framework in two segments. Firstly, we test to see if factors such as size, value and illiquidity can be used to explain PIN. Secondly, we extend beyond the...

In China, tobacco consumption is a leading risk factor for non-communicable diseases, and understanding the pattern of socio-economic inequalities of tobacco consumption will, thus, help to develop targeted policies of public health control. Data came from the China Health and Retirement...

I analyse the post-crisis slowdown in UK productivity growth using a novel decomposition framework, applied to firm-level data. The framework tracks flexibly defined distributions over time, and links changes in the shape of these distributions to aggregate movements. It encompasses many...

The paper decomposes differences in mean and a series of quantiles of portfolio returns between North America and Europe into Fama and French's five factors. We show that the differences in risk premia on factors, especially on market and size factors, account for most of the differences and the...

Using a parametric portfolio optimization approach, I show how international momentum strategies can be significantly improved by decomposing global momentum returns. The parametrization models the optimal portfolio weights as a function of the decomposed components and overweights equity...

I define a new tax instrument, the ‘deductibility rate', which specifies the proportion of eligible expenses a taxpayer may deduct when preparing her taxes. If the utilities of gross income and deductions are separable, then the deduction elasticity reflects the revenue leakage caused by...