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We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require an a priori assumption on the underlying functional form. This approach reveals a plateau completely missed by commonly used (nonlinear) parametric approaches—the economy...
Persistent link: https://www.econbiz.de/10011208448
Persistent link: https://www.econbiz.de/10005158725
A simple graphical approach to presenting results from nonlinear regression models is described. In the face of multiple covariates, ‘partial mean’ plots may be unattractive. The approach here is portable to a variety of settings and can be tailored to the specific application at hand. A...
Persistent link: https://www.econbiz.de/10010594106
Persistent link: https://www.econbiz.de/10005361761