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Education is a major source of inequality of opportunity, since it has long-lasting effects in various areas such as the labor market. By consequence, public policies aiming at reducing inequality of opportunity in education are likely to have broader effects on the dynamics of inequality in...
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This paper discusses the measurement of ex-ante inequality of opportunity for binary outcome variables. We argue that the use of scale but not translation invariant inequality measures such as the dissimilarity index might be problematic depending on the aim of the study. The main concern is...
Persistent link: https://www.econbiz.de/10013035899
In this paper I show that recently proposed methods to quantify the level of inequality of opportunity are likely to be downward biased when the dependent variable is a proxy for an unobserved concept. Using a multidimensional framework of development, such as the capability approach, or a...
Persistent link: https://www.econbiz.de/10013089990
Mundlak ("On the Pooling of Time Series and Cross-Section Data", Econometrica, Vol. 46 (1978),pp. 69-85) showed that when individual effects are correlated with the explanatory variables in an error component (EC) model, the GLS estimator is given by the within. In this paper we bring out some...
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Growth rate convergence, fact or artifact? An essay on panel data econometrics / Marc Nerlove -- Do panel data rescue the purchasing power parity (PPP) theory? / G.S. Maddala, Shaowen Wu and Peter C. Liu -- Neglected heterogeneity and dynamics in cross-country savings regressions / Nadeem U....
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