Similar Search Results

Pesaran, M. Hashem - 2011

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...

Persistent link: https://www.econbiz.de/10013129942

A Sequential Malmquist-Luenberger Productivity Index

Oh, Donghyun - 2009

based on the macroeconomic perspective. In order to consider this condition and to develop an alternative index, a … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …

Persistent link: https://www.econbiz.de/10013159334

The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010

Loughrey, Jason - 2011

changes for non-subsistence expenditures thereby producing a Cost of Living Index. The Atkinson Index of Inequality produces … an inequality measure and this is combined with the Cost of Living Index to produce an overall welfare measure. This …

Persistent link: https://www.econbiz.de/10013124494

What Measure of Inflation Should a Developing Country Central Bank Target?

Anand, Rahul - 2015

improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike …

Persistent link: https://www.econbiz.de/10013016274

The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis

Ben Cheikh, Nidhaleddine - 2015

This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...

Persistent link: https://www.econbiz.de/10013012797

Regional Price Differences in Urban China 1986-2001 : Estimation and Implication

Gong, Cathy Honge; Meng, Xin - 2021

in urban China over the period 1986 to 2001. Spatial Price Index (SPI) is normally calculated using the Basket Cost … price data, which are often not available. This paper adopts the Engel's curve approach to estimate a Spatial Price Index …

Persistent link: https://www.econbiz.de/10013325065

A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare

Stark, Oded; Budziński, Wiktor - 2022

The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...

Persistent link: https://www.econbiz.de/10014084076

Migration, Openness and the Global Preconditions of 'Smart Development'

Tausch, Arno - 2011

capita on these six dimensions of development and their combined performance index. The residuals from these regressions are … development, Happy Life Years, smart gender justice, smart R&D, and both formulations of the smart development index …

Persistent link: https://www.econbiz.de/10013117617

A General Model of Technical Change with an Application to the OECD Countries

Heshmati, Almas - 2011

consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel …

Persistent link: https://www.econbiz.de/10013119734

Optimal Weights for Marital Sorting Measures

Almar, Frederik; Schulz, Bastian - 2023

Changing distributions of male and female types affect the measurement of educationbased marriage market sorting. We develop a weighting strategy that minimizes the distortion of sorting measures due to changing type distributions. The optimal weights reflect that female type distributions have...

Persistent link: https://www.econbiz.de/10014349253