الصفحة 1
الصفحة 1
Modeling Income Distributions and Lorenz Curves
The parameterization of income distributions and Lorenz Curves is a useful approach for representing how income is distributed within a given population. It provides a way of describing how the data are generated, why the level of inequality is what it is, and what happens to the poorer sections of the population. This book brings together classic papers in the field, including Camilo Dagum’s most influential contribution, survey papers outlining the state-of-the-art of the field, and cutting-edge research contributions. While providing a thorough overview of the methodology of income distribution modeling, the book emphasizes its relevance on development economics and its importance for policy makers who design and assess poverty alleviation and income redistribution policies.
How Data Quality Affects our Understanding of the Earnings Distribution
This book demonstrates how data quality issues affect all surveys and proposes methods that can be utilised to deal with the observable components of survey error in a statistically sound manner. This book begins by profiling the post-Apartheid period in South Africa's history when the sampling frame and survey methodology for household surveys was undergoing periodic changes due to the changing geopolitical landscape in the country. This book profiles how different components of error had disproportionate magnitudes in different survey years, including coverage error, sampling error, nonresponse error, measurement error, processing error and adjustment error.
Hacia el Futuro : Energy, Economics and the Environment in 21st Century Mexico
The book focuses on the impact of future energy policies on fossil fuel use, environmental quality, and economic growth in Mexico over the next 20 years. The first part examines the growth of the Mexican energy sector and its link to international trade, government revenues, economic welfare, income distribution and environmental pollution. The scientific linkages between greenhouse gas emissions and climate change are presented with the economic theory behind various emission abatement strategies. The authors examine the harmful effects of climate change on economic well being in Mexico and explain the role of Mexico and Latin America in current climate change negotiations.
Fuzzy set approach to multidimensional poverty measurement
This volume brings together advanced thinking on the multidimensional measurement of poverty, including the theoretical background, applications to cross-sections using contemporary European examples, and longitudinal aspects of multidimensional fuzzy poverty analysis that pay particular attention to the transitory, or impermanent, conditions that often occur during transitions to market economies.
Equity and efficiency considerations of public higher education
It has become part of the conventional wisdom in the economics of education that subsidies to higher education have a regressive distributional effect. Given that relatively more children from wealthier families enroll in higher education, many economist assume that these subsidies to higher education have an unwanted distributional impact. This volume presents new empirical evidence for the cross-sectional point of view and provides an analytical framework for the longitudinal perspective. The present volume also analyzes the equity and efficiency effects of widely-discussed funding reforms and proposes a voluntary graduate tax.
Econophysics of Wealth Distributions: Econophys-Kolkata I
Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the very rich, known as the Pareto power-law, after Vilfredo Pareto. With the availability of accurate data from finance/income-tax departments of various countries, several robust features of the income distribution have been established. This field had been dormant for more than a decade, although accurate data had been accumulated over this period. The recent enthusiasm comes mainly from the physicists modelling of markets in analogy with physical systems like gases etc. This is the first book reporting exhaustively on these developments over the last decade by leaders in the field
Dynamic General Equilibrium Modelling : Computational Methods and Applications
Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. Part II discusses methods for solving heterogeneous-agent economies. In such economies, the distribution of the individual state variables is endogenous. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the overlapping-generations model.
Consumption structure and macroeconomics : Structural change and the relationship between inequality and growth
This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.
Managing Elevated Risk : Global Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective
Discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy measures to minimize the emergent risks. "Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective" also explores the range of policy options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions including income inequality. The book is primarily aimed at policy makers, financial market regulators and supervisory agencies to help them improve national regulatory systems and to promote harmonization of national regulations and practices in line with global standards.
