An additivity property of LM tests is derived, linking joint, marginal and Bera-Yoon `adjusted' tests, hence the latter can be derived as the difference of the first two. An artificial regression framework provides an intuitive geometrical illustration of the Bera-Yoon principle.

This note illustrates how modern computer intensive tools like the bootstrap provide a simple and efficient way to compute interval estimates and standard errors for inequality measures. Additionally, the same methodology is used to implement a formal test of the null hypothesis of no changes in...

La pobreza y la desigualdad son problemas sociales centrales en América Latina. Este libro desarrolla las principales discusiones conceptuales sobre estos temas, provee un amplio conjunto de herramientas analíticas, las aplica a datos concretos de encuestas de hogares y ofrece evidencia para...

This paper is part of a large project on quality of life and deprivation in LAC commissioned by the IDB's Research Department (RES) that makes extensive use of the Gallup World Poll. This survey provides rich data on a wide range of issues in over 130 countries, 23 of them from LAC. This paper...