Showing 1 - 10 of 1,987
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10015226431
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10015226456
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10015226463
This paper discusses the establishment of the minimum wage determination process in the early twentieth century Australia, following the institutionalisation of compulsory industrial arbitration between capital and labour. This process led to the 1907 Harvester judgment whereby the Common-...
Persistent link: https://www.econbiz.de/10015215086
The debate on currency arrangements and monetary policy frameworks in lceland has been motivated by developments in lceland and internationally in recent decades. Historically, lcelanders' colonial experience and struggle to retain control of vital natural resources made them hesitant...
Persistent link: https://www.econbiz.de/10015262448
The development of industry 4.0 and e-commerce destroy the traditional mechanism of price determination, the rigidity of supply in the short run and the idea of price representativeness. Industry 4.0 has changed the traditional view of price formation. Firms know the individual purchasing...
Persistent link: https://www.econbiz.de/10015263501
The development of industry 4.0 and e-commerce destroy the traditional mechanism of price determination, the rigidity of supply in the short run and the idea of price representativeness. Industry 4.0 has changed the traditional view of price formation. Firms know the individual purchasing...
Persistent link: https://www.econbiz.de/10015263510
Serbian. Članak razmatra politiku i kretanje cena u SR Jugoslaviji tokom prve polovine 1990-ih. Najpre su prikazane osnovne karakteristike sistema cena, koje u biti nisu menjane tokom posmatranog perioda. Zatim se analiziraju politika i kretanje cena, pri čemu je razmatrani period podeljen na...
Persistent link: https://www.econbiz.de/10015270575
In order to understand the rise and fall of inflation of 2022-2023, new theories and analytical frameworks are needed, closely connected the profound changes in monetary and fiscal policies that have accompanied the wave of price increases. This paper proposes a view of inflation as a set of...
Persistent link: https://www.econbiz.de/10015271091
The aim of the study is to measure the effect of several economic variables on inflation in Syria, by using cointegration and causality tests as a method. The variables are specify depending on the economic literature that has treated this field. This study concludes that there is a long run...
Persistent link: https://www.econbiz.de/10015237020