Showing 1 - 10 of 438
This study proposes an information-theoretic deconvolution method to approximate the entire distribution of individual treatment effect. This method uses higher-order information implied by the standard average treatment effect estimator to construct a maximum entropy approximation to the...
Persistent link: https://www.econbiz.de/10010538125
The minimum wage, unlike most government transfer programs, lowered welfare in the 1980s and 1990s as measured by all commonly used welfare or inequality measures, including various Atkinson indexes, the Gini index, standard deviation of logarithms, and others. The effects of most government...
Persistent link: https://www.econbiz.de/10010538130
This study proposes an information-theoretic deconvolution method to approximate the entire distribution of individual treatment effect. This method uses higher-order information implied by the standard average treatment effect estimator to construct a maximum entropy approximation to the...
Persistent link: https://www.econbiz.de/10010538135
A parametric and a semiparametric model produce qualitatively similar estimates of government policy effects on income distribution and welfare (as measured by the Gini, standard deviation of logarithms, relative mean deviation, coefficient of variation, and various Atkinson indexes). Taxes and...
Persistent link: https://www.econbiz.de/10010538144
We employ a new method to estimate China's income distributions using publicly available interval summary statistics. We examine rural, urban and overall income distributions from 1985-2001. We show how the distributions change directly as well as examine trends in equality. Using an...
Persistent link: https://www.econbiz.de/10010538202
We develop a GMM estimator for the distribution of a variable where summary statistics are available only for intervals of the random variable. Without individual data, once cannot calculate the weighting matrix for the GMM estimator. Instead, we propose a simulated weighting matrix based on a...
Persistent link: https://www.econbiz.de/10010538217
We use a new method to estimate China’s income distributions using publicly available interval summary statistics from China’s largest national household survey. We examine rural, urban, and overall income distributions for each year from 1985-2001. By estimating the entire...
Persistent link: https://www.econbiz.de/10011130796
A variety of parametric and semiparametric models produce qualitatively similar estimates of government policies’ effects on income distribution and welfare (as measured by the Gini, standard deviation of logarithms, relative mean deviation, coefficient of variation, and various Atkinson...
Persistent link: https://www.econbiz.de/10011130829
We estimate China's rural, urban and overall income distributions using grouped data from 1985-2001. We show how the distributions evolve as well as examine trends in welfare indices. We find the growing rural-urban income gap and increases in inequality within either sector have been equally...
Persistent link: https://www.econbiz.de/10005806668
We employ a new method to estimate China's income distribution using publicly available interval summary statistics. We examine rural, urban, and overall income distributions from 1985 to 2001. We show how the distributions change directly, and we examine trends in inequality. Using an...
Persistent link: https://www.econbiz.de/10005697263