Econometrics and Income Inequality

Econometrics and Income Inequality PDF

Author: Martin Biewen

Publisher: MDPI

Published: 2018-11-26

Total Pages: 323

ISBN-13: 3038973661

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This book is a printed edition of the Special Issue "Econometrics and Income Inequality" that was published in Econometrics

Handbook of Income Inequality Measurement

Handbook of Income Inequality Measurement PDF

Author: Jacques Silber

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 669

ISBN-13: 9401144133

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Amartya Sen "Equality," I spoke the word As if a wedding vow Ah, but I was so much older then, I am younger than that now. Thus sang Bob Dylan in 1964. Approbation of equality varies not only with our age (though it is not absolutely clear in which direction the values may shift over one's life time), but also with the spirit of the times. The 1960s were good years for singing in praise of equality. The spirit of the present times would probably be better reflected by melodies in admiration of the Federal Reserve System. And yet the technical literature on the evaluation and measurement of economic inequality has grown remarkably over the last three decades. Even as actual economic policies (especially in North America and Europe) have tended to move towards focusing on virtues other than the avoidance of economic inequality, the professional literature on assessing and gauging economic inequality has taken quite a jump forward. A great many different problems have been addressed and effectively sorted out, and new problems continue to be posed and analyzed. The Contents: A Review Jacques Silber has done a great service to the subject by producing this collection of admirablyhelpful and illuminating papers on different aspects of the measurement of income inequality. The reach of this collection is quite remarkable. Along with a thorough overview from the editor himself, the major areas in this complex field have been carefully examined and accessibly discussed.

Advances in Econometrics, Income Distribution and Scientific Methodology

Advances in Econometrics, Income Distribution and Scientific Methodology PDF

Author: Daniel J. Slottje

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 392

ISBN-13: 3642936415

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Articles on econometric methodology with special reference to the quantification of poverty and economic inequality are presented in this book. Poverty and inequality measurement present special problems to the econometrician, and most of these papers analyze how to attack those problems. The topics and contributions in the book are a very good representation of Camilo Dagum's astounding diversity of interests and overall eclecticism. Several of the authors are leading pioneers in econometric methodology. Several others are pioneers in economic theory and others are the leading applied economists in income distribution analysis in the world. The topics accurately reflect Camilo Dagum's breadth of understanding across varios economic sub-fields, all complex in nature.

Econometrics and Income Inequality

Econometrics and Income Inequality PDF

Author: Emmanuel Flachaire

Publisher:

Published: 2018

Total Pages:

ISBN-13: 9783038973676

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This Special Issue is devoted to the econometric analysis of income inequality and income distributions. Given the recent surge of inequality research, this Special Issue seeks to combine both theoretical and applied contributions which advance the econometric analysis of income inequality and income distributions. Possible topics include, but are not limited to, statistical inference for inequality measurement, inequality measurement with complex survey data, parametric or nonparametric modeling of income distributions, statistical decomposition methodology, methods to investigate the determinants of distributional change, causal inference in inequality measurement, and applications of such methods to substantive research questions in different fields of economics.

Modeling Income Distributions and Lorenz Curves

Modeling Income Distributions and Lorenz Curves PDF

Author: Duangkamon Chotikapanich

Publisher: Springer Science & Business Media

Published: 2008-09-16

Total Pages: 322

ISBN-13: 0387727965

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Jean-Jacques Rousseau wrote in the Preface to his famous Discourse on Inequality that “I consider the subject of the following discourse as one of the most interesting questions philosophy can propose, and unhappily for us, one of the most thorny that philosophers can have to solve. For how shall we know the source of inequality between men, if we do not begin by knowing mankind?” (Rousseau, 1754). This citation of Rousseau appears in an article in Spanish where Dagum (2001), in the memory of whom this book is published, also cites Socrates who said that the only useful knowledge is that which makes us better and Seneca who wrote that knowing what a straight line is, is not important if we do not know what rectitude is. These references are indeed a good illustration of Dagum’s vast knowledge, which was clearly not limited to the ?eld of Economics. For Camilo the ?rst part of Rousseau’s citation certainly justi?ed his interest in the ?eld of inequality which was at the centre of his scienti?c preoccupations. It should however be stressed that for Camilo the second part of the citation represented a “solid argument in favor of giving macroeconomic foundations to microeconomic behavior” (Dagum, 2001). More precisely, “individualism and methodological holism complete each other in contributing to the explanation of individual and social behavior” (Dagum, 2001).

Income Inequality and Current Account Imbalances

Income Inequality and Current Account Imbalances PDF

Author: Mr.Michael Kumhof

Publisher: International Monetary Fund

Published: 2012-01-01

Total Pages: 44

ISBN-13: 1463936397

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This paper studies the empirical and theoretical link between increases in income inequality and increases in current account deficits. Cross-sectional econometric evidence shows that higher top income shares, and also financial liberalization, which is a common policy response to increases in income inequality, are associated with substantially larger external deficits. To study this mechanism we develop a DSGE model that features workers whose income share declines at the expense of investors. Loans to workers from domestic and foreign investors support aggregate demand and result in current account deficits. Financial liberalization helps workers smooth consumption, but at the cost of higher household debt and larger current account deficits. In emerging markets, workers cannot borrow from investors, who instead deploy their surplus funds abroad, leading to current account surpluses instead of deficits.

Inequality, Polarization and Poverty

Inequality, Polarization and Poverty PDF

Author: Satya R. Chakravarty

Publisher: Springer Science & Business Media

Published: 2010-07-25

Total Pages: 186

ISBN-13: 0387792538

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This book provides a synthesis of some recent issues and an up-to-date treatment of some of the major important issues in distributional analysis that I have covered in my previous book Ethical Social Index Numbers, which was widely accepted by students, teachers, researchers and practitioners in the area. Wide coverage of on-going and advanced topics and their analytical, articulate and authoritative p- sentation make the book theoretically and methodologically quite contemporary and inclusive, and highly responsive to the practical problems of recent concern. Since many countries of the world are still characterized by high levels of income inequality, Chap. 1 analyzes the problems of income inequality measurement in detail. Poverty alleviation is an overriding goal of development and social policy. To formulate antipoverty policies, research on poverty has mostly focused on inco- based indices. In view of this, a substantive analysis of income-based poverty has been presented in Chap. 2. The subject of Chap. 3 is people’s perception about income inequality in terms of deprivation. Since polarization is of current concern to analysts and social decisi- makers, a discussion on polarization is presented in Chap. 4.

Economic Inequality and Income Distribution

Economic Inequality and Income Distribution PDF

Author: D. G. Champernowne

Publisher: Cambridge University Press

Published: 1998

Total Pages: 432

ISBN-13: 9780521589598

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Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.

Income Inequality, Poverty, and Economic Welfare

Income Inequality, Poverty, and Economic Welfare PDF

Author: Daniel J. Slottje

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 151

ISBN-13: 3642510736

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Presented are new methods and new empirical studies on the subject of income inequality and poverty. The purpose of the book is to explore new ways to analyze recent trends in income inequality and poverty, both from the perspective of quantifying poverty and inequality and quantifyig the impact of various factors on the trends in inequality and poverty. The novelty lies in the diversity of empirical approaches used and customers will benefit from learning about different methods.