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For a change in prices, the common-scaling social cost-of-living index is the equal scaling of every individual's expenditure level needed to restore the level of social welfare to its pre-change value. This index does not, in general, satisfy two standard index-number tests. The reversal test...
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Recent research on glass ceilings and sticky floors has focused on the magnitude of differences between groups in the upper and lower quantile cutoffs of the conditional wage distribution. However, quantile cutoffs for different groups are only weakly informative of representation. For example,...
Persistent link: https://www.econbiz.de/10015215584
Recent research on glass ceilings and sticky floors has focused on the magnitude of differences between groups in the upper and lower quantile cutoffs of the conditional wage distribution. However, quantile cutoffs for different groups are only weakly informative of representation. For example,...
Persistent link: https://www.econbiz.de/10015215650
We construct a peer effects model where mean expenditures of consumers in one's peer group affect utility through perceived consumption needs. We provide a novel method for obtaining identification in social interactions models like ours, using ordinary survey data, where very few members of...
Persistent link: https://www.econbiz.de/10014537014
We investigate whether immigrant and minority workers' poor access to high-wage jobs - that is, glass ceilings - is attributable to poor access to jobs in high-wage firms, a phenomenon we call glass doors. Our analysis uses linked employer-employee data to measure mean- and quantile-wage...
Persistent link: https://www.econbiz.de/10010269396
We present a new class of social cost-of-living indices and a nonparametric framework for estimating these and other social cost-of-living indices. Common social cost-of-living indices can be understood as aggregator functions of approximations of individual cost-of-living indices. The Consumer...
Persistent link: https://www.econbiz.de/10010293033
Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many...
Persistent link: https://www.econbiz.de/10012014453