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This paper implements and adapts the conceptual framework developed by <link rid="b33">Winters (2002)</link> that identifies the transmission mechanisms between trade policy reform and household welfare outcomes. We make use of household panel data from Vietnam collected in two years, 1992-93 and 1997-98 that span the...
Persistent link: https://www.econbiz.de/10005290329
Starting from the axiomatization of polarization contained in <link rid="b10">Esteban and Ray (1994</link>) and <link rid="b7">Chakravarty and Majumder (2001</link>), we investigate whether people's perceptions of income polarization are consistent with the key axioms. This is carried out using a questionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10008489172
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The Generalized Beta of the Second Kind (GB2) income distribution provides an excellent description of income distributions. However the degree of inequality implied by GB2 parameter estimates is typically summarized using the Gini coefficient only. This paper provides formulae for the...
Persistent link: https://www.econbiz.de/10005005348
The March Current Population Survey (CPS) is the primary data source for estimation of levels and trends in U.S. earnings and income inequality. However, time-inconsistency problems related to top coding lead many CPS users to measure inequality via the ratio of the 90th to the 10th percentile...
Persistent link: https://www.econbiz.de/10005201994