Recent empirical work has demonstrated a strong correlation between growing income inequality and polarization of political elites in the United States. We provide a dynamic model of party competition in which two policy motivated parties compete both for votes and donations in order to win elections. Parties know the distribution of voters and donors but are unsure of the relative importance o...

Using a dynamic panel approach, we provide empirical evidence that negative health shocks reduce earnings. The effect is primarily driven by the participation margin and concentrated in less educated individuals those with poor health. We build dynamic, general equilibrium, life cycle model consistent these findings. In model, whose risky heterogeneous choose to either work, or not work apply f...

In this paper, an optimal measurement feedback control problem that yields an almost-dissipative closed loop system is considered. Using information state ideas and the definition of the optimal cost presented, a dynamic programming equation is derived. Incremental analysis yields a corresponding variational inequality (VI) which naturally generalizes the information state based partial differe...

in order to estimate the effects of the macrc~econornic indicators on the income distribution of iran, the time series data during the period of 1971-1991 were used. first the yammetric inequality indicators (the gini coefficients) were estimated for the years 1991-1972. the results show the lowest level of inequality in 1980 with g=0.42 and the highest level in 1982 with g=0.55. arzulysing the...

This paper is focused on the dynamic output feedback control of sampled-data system with actuator saturation using quantized measurements. The output signals are quantized before they are transmitted to dynamic output-feedback controller. An augmented system is constructed through a closed-loop system, which is a model with an interval time-varying delay and nonlinear items. Using discontinuous...

Social capital is considered a productive resource for societies. The increase in social trust usually related to both economic growth and reduction inequality. In Latin American countries, particularly the economies that belong Pacific Alliance, relationship between income inequalities has not been studied at regional level. paper aims analyze whether impacts inequality case of Alliance region...

equitable distribution of income and economic growth are challenges for policy-makers. therefore, it is important to investigate the influencing factors of it. given that financial development is an important factor affecting on income inequality, in this study, the effect of financial development on the gini coefficient as income inequality index is examined with using panel data methods durin...

ABSTRACT. In this paper, we present some new improvements of dynamic Opial-type inequalities of first and higher order on time scales. We employ the new inequalities to prove several results related to the spacing between consecutive zeros of a solution and/or a zero of its derivative of a second-order dynamic equation with a damping term. The main results are proved by making use of a recently...

The theory of evolutionary variational inequalities fits very well in a lot of optimization problems, like for example the dynamic oligopolistic market equilibrium problem that we describe in this paper. But here, the authors analyze the behavior of control policies whose aim is to regulate the exportation through the adjustments of supply taxes or incentives on the firms. This is considered as...

A novel technique for synthesizing dynamic state feedback controllers that achieve input to state stability (ISS) property for nonlinear discrete-time systems is presented. The ISS controller design for the original system is solved via an auxiliary l∞-bounded (LIB) robustness synthesis problem for an auxiliary system. A complete solution for the LIB synthesis problem has been presented recentl...