Showing 1 - 10 of 108
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...
Persistent link: https://www.econbiz.de/10005061590
Persistent link: https://www.econbiz.de/10011121848
This paper presents and investigates two classes of equivalent-income functions that are generalizations of those that correspond to exact (independent-of-base) absolute and relative equivalence scales. They provide less restrictive household demands, especially for children's goods, and have...
Persistent link: https://www.econbiz.de/10005478515
In the measurement of inequality, adjustments for differences across households in their demographic composition and in the price regimes they face are usually very simple. Often, nominal income is adjusted with an income-independent price deflator and a price-independent equivalence scale. I...
Persistent link: https://www.econbiz.de/10005767715
We estimate earnings differentials for knowledge of 13 minority languages in Canada's three largest urban areas. We find that conditional on knowledge of a majority language, knowledge of a minority language is associated with lower earnings. However, the negative differential diminishes for...
Persistent link: https://www.econbiz.de/10005631098
We argue that socializing is an important economic activity because it is vital to our well being, and that an important input into the activity of socializing is the set of experiences that is shared by the participants.
Persistent link: https://www.econbiz.de/10005631109
In the measurement of inequality, adjustments for differences across households in their demographic composition and in the price regimes they face are usually very simple. Often, nominal income is adjusted with an income-independent price deflator and a price-independent equivalence scale. I...
Persistent link: https://www.econbiz.de/10005631122
Pashardes (1991) and Banks, Blundell and Preston (1994) use parametric methods to estimate lifetime equivalence scales. Their approaches put parametric restrictions on the differences in within-period expenditure needs across household types, the intertemporal allocation of expenditure, and the...
Persistent link: https://www.econbiz.de/10005631139
This paper presents and investigates two classes of equivalent-income functions that are generalizations of those that correspond to exact (independent-of-base) absolute and relative equivalence scales. They provide less restrictive household demands, especially for children's goods, and have...
Persistent link: https://www.econbiz.de/10005636365
We estimate earnings differentials for knowledge of 13 minority languages in Canada's three largest urban areas. We find that conditional on knowledge of a majority language, knowledge of a minority language is associated with lower earnings. However, the negative differential diminishes for...
Persistent link: https://www.econbiz.de/10005597115