نتایج جستجو برای: d31
تعداد نتایج: 524 فیلتر نتایج به سال:
This article aims to round out the well-established criticism in feminist research whereby measuring income poverty at household level tends underestimate among women. It demonstrates that while this indicator is underpinned by a conceptual bias could be qualified as sexist, not only because of measurement level, but rather manner which measured and it independent item individual factored into ...
Using detailed household-level data from Malawi on physical quantities of agricultural outputs and inputs, we measure farm total factor productivity (TFP), controlling for land quality, rain, transitory shocks. We find that operated size capital are essentially unrelated to TFP, implying substantial misallocation. The output gain a reallocation factors their efficient use among existing farmers...
In theory, regulators concerned about inequality will deviate from efficient two-part tariffs, charging lower-than-efficient fixed monthly fees and higher-than-efficient per-kilowatt-hour prices. To quantify that relationship, we develop a measure of the redistributive extent utility tariffs: “electric Gini.” Utilities with higher electric Ginis shift more costs households using relatively litt...
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We estimate the size of inheritance flows in Switzerland as a share of total wealth and of national income over a long span of data, in close analogy to the study for France by Piketty (2011). We find that the relative importance of inheritance had been falling slightly up until the 1970s, but has been increasing strongly since. According to our central estimates, the annual flow of inheritance...
The paper assumes a continuum of two period-lived agents; agents are identical except for inherited income. Young agents allocate their inheritance between consumption and investment in human capital under uncertainty. In the second period they receive a wage proportional to the accumulated human capital and invest in offspring. Two main results arise: a low earning per unit of human capital le...
Based on the economic theory of the family, this paper constructs a model of remittances where the migrant, besides sending money to his family, also invests in his home country. The investment is looked after by a family member in return for some monetary compensation. The model focuses on two different cases: state-contingent transfers (transfers are tied to investment outcomes) and fixed tra...
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the respondents to be controlled. The approa...
The constrained egalitarian solution of Dutta and Ray (1989) for TUgames is extended to asymmetric cases, using the notion of weight systems as in Kalai and Samet (1987,1988). This weighted constrained egalitarian solution is based on the weighted Lorenz-criterion as an inequality measure. It is shown that in general there is at most one such weighted egalitarian solution for TU-games. Existenc...
This paper is an investigation of the third-degree stochastic dominance order which has been introduced in the context of risk analysis and is now receiving an increased attention in the area of inequality measurement. After observing that this partial order fails to satisfy the von Neumann-Morgenstern property in the space of random variables, we introduce strong and local third-degree stochas...
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