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development of the income distribution as well as the effects of current economic policy measures remain oblique. That is where … DIW Berlin comes in: A new forecast model is making it possible to make statements about the current state of inequality … gained: Following declining inequality up until 2021, primarily between 2010 and 2020, the new DIW Berlin model forecasts an …
Persistent link: https://www.econbiz.de/10014431177
economic growth. For the time being, private consumption is not driving the German economy and is likely to develop in the … expected to first grow by a moderate 0.1 percent and then by 0.2 percent. However, this cannot compensate for the weak growth … turnarounds in the United States and euro area will spur on growth somewhat beginning in 2024. The emerging economies continue to …
Persistent link: https://www.econbiz.de/10014362798
Federal Constitutional Court’s ruling will reduce growth by 0.3 percentage points in 2024 alone. Overall, the forecast was …, both advanced and emerging economies have recently experienced solid growth. Economic output is still weak in the euro area … United States, global economic growth will be somewhat lower in 2024 at 3.7 percent. …
Persistent link: https://www.econbiz.de/10014466268
OLS models are the predominant choice for poverty predictions in a variety of contexts such as proxy-means tests, poverty mapping or cross-survey imputations. This paper compares the performance of econometric and machine learning models in predicting poverty using alternative objective...
Persistent link: https://www.econbiz.de/10012159707
. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education …, and returns to education, this paper attempts to forecast wage inequality. Despite an increase in average earnings due to … higher levels of education of workers, high levels of wage inequality within age groups and within education groups produce …
Persistent link: https://www.econbiz.de/10003746852
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of …-cycle changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10012733915
objective function and policy preferences, and various other modeling choices. Logistic and random forest models are found to be …
Persistent link: https://www.econbiz.de/10014276037
Persistent link: https://www.econbiz.de/10012121880
Persistent link: https://www.econbiz.de/10003282167
Economic growth in Chile since the mid 1980s has been remarkable for its high level and persistence. This paper … part of the paper presents some stylized facts. Taken together, they suggest that the jump in growth was driven by policies … recent empirical growth literature to examine the extent to which a cross-country approach can explain Chile's growth. We …
Persistent link: https://www.econbiz.de/10014188570