Showing 1 - 10 of 12,040
Persistent link: https://www.econbiz.de/10014024207
For the studies of wealth, inequality and poverty, the analysis of income distribution of the individuals is a crucial issue. In practice, however, only aggregated data are available, either in groups or as a few quantiles of the distribution. These may be stratified along characteristics like...
Persistent link: https://www.econbiz.de/10012894737
When measuring income dynamics, discrete labor market events have been traditionally ignored. However, income trajectory and labor market history are intricately linked. In this paper, I use the stochastic EM algorithm to estimate a tractable statistical framework that combines discrete events...
Persistent link: https://www.econbiz.de/10014237530
Similar looking Lorenz Curves can imply very different income density functions and potentially lead to wrong policy implications regarding inequality. This paper derives a relation between a Lorenz Curve and the modality of its underlying income density: Given a parametric Lorenz Curve, it is...
Persistent link: https://www.econbiz.de/10009671306
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10011433685
This paper proposes a methodology to incorporate bivariate models in numerical computations of counterfactual distributions. The proposal is to extend the works of Machado and Mata (2005) and Melly (2005) using the grid method to generate pairs of random variables. This contribution allows...
Persistent link: https://www.econbiz.de/10011411683
To use the generalized beta distribution of the second kind (GB2) for the analysis of income and other positively skewed distributions, knowledge of estimation methods and the ability to compute quantities of interest from the estimated parameters are required. We review estimation methodology...
Persistent link: https://www.econbiz.de/10011823360
We derive a new inequality for uniform deviations of averages from their means. The inequality is a common generalization of previous results of Vapnik and Chervonenkis (1974) and Pollard (1986). Usingthe new inequality we obtain tight bounds for empirical loss minimization learning
Persistent link: https://www.econbiz.de/10014059859
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an "emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10014060779
We propose a new approach based on bootstrapping to compare complex networks. This is an important task when we wish to compare the effect of a (policy) shock on the structure of a network. The bootstrap test compares two values of the Gini index, and the test is performed on the difference...
Persistent link: https://www.econbiz.de/10012862097