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Human Development Index (HDI) is a composite index obtained by a weighted aggregation of other three indices, each measuring one aspect, namely life expectancy, education and real per capita income. Intra-country equality in income distribution, however, is very important with regard to quality...
Persistent link: https://www.econbiz.de/10014049919
We study Kolmogorov-Smirnov goodness of fit tests for evaluating distributional hypotheses where unknown parameters need to be fitted. Following work of Pollard (1979), our approach uses a Cramér-von Mises minimum distance estimator for parameter estimation. The asymptotic null distribution of...
Persistent link: https://www.econbiz.de/10013020465
For some, the income distribution is the first example of a power law, empiric rule whereof an random variable reaches high values with a low probability and low values with a high probability. This article corroborates if the income distribution of the richest Colombians adjusts to a power law....
Persistent link: https://www.econbiz.de/10013131336
In order to determine the inequalities in human development by regions in Romania, the human development index adjusted to inequalities will be used. This index is used when there are inequalities in distribution for each value in part across the population and, especially, when there are...
Persistent link: https://www.econbiz.de/10013241909
The measurement of inequality from a human development perspective is fundamental. We start this paper by briefly introducing the human development approach and its main conceptual basis: the capability approach. We note that inequality should preferably be assessed in the space of functionings,...
Persistent link: https://www.econbiz.de/10012928848
The study of international well-being and its distribution remains focused on income. This paper addresses multidimensional well-being from a capabilities perspective during the last one-and-a-half centuries. Relative inequality (population-weighted) fell in health and education since the late...
Persistent link: https://www.econbiz.de/10012820189
In this paper we examine the interrelatedness between regime types of democracy and non-democracy and poverty reduction. The liberal international order and democratic principles have been challenged by the populace's general discontent in recent years, while the reduction of poverty is a...
Persistent link: https://www.econbiz.de/10012650879
In this paper we reassess the relationship between inequality and human development, focusing on the differential effect associated with the concentration of national income at different parts of the income distribution. To do so, we rely on a large global panel of countries over the last...
Persistent link: https://www.econbiz.de/10013380766
Russia offers the unique example of a centrally planned economy swiftly transforming itself into a market-oriented economy. We offer a comprehensive study of inequality and mobility patterns for Russia, using multiple rounds of the Russian Longitudinal Monitoring Surveys over the past two...
Persistent link: https://www.econbiz.de/10012864620
Hardly any recent study exists that broadly reviews poverty trends over time for Russia. Analyzing the Russian Longitudinal Monitoring Surveys between 1994 and 2019, we offer an updated review of poverty trends and dynamics for the country over the past quarter of century. We find that poverty...
Persistent link: https://www.econbiz.de/10012585633