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We consider the issue of income distribution modeling in the context of poverty analysis impact based on computable general equilibrium micro-simulation models. The empirical distribution function (EDF) is by far the most commonly used estimator in practice. It is, however, not the only...
Persistent link: https://www.econbiz.de/10010719348
Macro/micro-economic modelling has emerged as a rigorous instrument to link policy reforms with changes in income distribution. Indeed, this approach enables one to capture directly the general equilibrium effect of policy reforms upon changes in household welfare. These endogenous distributions...
Persistent link: https://www.econbiz.de/10008673292