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This paper evaluates the redistributive and efficiency impacts of expanding access to positive credit information in a financially excluded economy. Using microdata from Uruguay's 2021 household survey, we simulate three data regimes…

General Economics · Economics 2025-10-21 Diego Vallarino

Household welfare dynamics are often difficult to investigate due to lack of long-term panel data. Existing methods, such as pseudo-panel and synthetic panel, offer widely used solutions based on repeated cross-section designs, but they do…

Econometrics · Economics 2026-04-08 Hongdi Zhao , Seungmin Lee

The empirical literature on the relationship between income inequality and economic growth has produced highly heterogeneous and often conflicting results. This paper investigates the sources of this heterogeneity using a meta-analytic…

Econometrics · Economics 2026-02-23 Lisa Capretti , Lorenzo Tonni

Linear stochastic models and discretized kinetic theory are two complementary analytical techniques used for the investigation of complex systems of economic interactions. The former employ Langevin equations, with an emphasis on stock…

General Finance · Quantitative Finance 2017-02-10 M. L. Bertotti , A. K. Chattopadhyay , G. Modanese

Recent advances in artificial intelligence have produced systems capable of remarkable performance across a wide range of tasks. These gains, however, are increasingly accompanied by concerns regarding long-horizon developmental behavior,…

Artificial Intelligence · Computer Science 2026-01-13 Truong Xuan Khanh , Truong Quynh Hoa

Graph Neural Networks (GNNs) have demonstrated impressive performance across various tasks, leading to their increased adoption in high-stakes decision-making systems. However, concerns have arisen about GNNs potentially generating unfair…

Machine Learning · Computer Science 2026-01-09 Anuj Kumar Sirohi , Anjali Gupta , Sandeep Kumar , Amitabha Bagchi , Sayan Ranu

We estimate the dynamic distributional effects of financial shocks in the Euro Area using survey-based microdata on personal incomes. We find that positive financial shocks increase inequality, with heterogeneity across different income…

General Economics · Economics 2025-10-14 Miloš Ciganović , Elena Scola Gagliardi , Massimiliano Tancioni

In this paper, we evaluate the impact of a reform introduced in Italy in 2018 (Decreto Dignit\`a), which increased the rigidity of employment protection legislation (EPL) of temporary contracts, rolling back previous policies, to reduce job…

General Economics · Economics 2024-02-01 Davide Fiaschi , Cristina Tealdi

Politicians world-wide frequently promise a better life for their citizens. We find that the probability that a country will increase its {\it per capita} GDP ({\it gdp}) rank within a decade follows an exponential distribution with decay…

General Finance · Quantitative Finance 2012-09-14 Boris Podobnik , Davor Horvatic , Dror Y. Kenett , H. Eugene Stanley

We introduce tests for the goodness of fit of point patterns via methods from topological data analysis. More precisely, the persistent Betti numbers give rise to a bivariate functional summary statistic for observed point patterns that is…

Statistics Theory · Mathematics 2019-06-19 Christophe Ange Napoléon Biscio , Nicolas Chenavier , Christian Hirsch , Anne Marie Svane

This paper aims to review the different impacts of income inequality drivers on the Gini coefficient, depending on institutional specificities. In this context, we divided the European Union member states in two clusters (the cluster of…

Estimating the mode of a unimodal distribution is a classical problem in statistics. Although there are several approaches for point-estimation of mode in the literature, very little has been explored about the interval-estimation of mode.…

Statistics Theory · Mathematics 2025-04-01 Manit Paul , Arun Kumar Kuchibhotla

We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related…

Physics and Society · Physics 2009-11-11 M. F. Laguna , S. Risau Gusman , J. R. Iglesias

Originally developed for measuring the heterogeneity of wealth measures, inequality indices are quantitative scores that take values in the unit interval, with the zero score characterizing perfect equality. In this paper, we draw attention…

Physics and Society · Physics 2022-10-03 Giuseppe Toscani

We prove the global well-posedness of the dynamical sine-Gordon model up to the third threshold, i.e., for parameters $\beta^2 < 6\pi$. The key novelty in our approach is the introduction of the so-called resonant equation, whose solution…

Analysis of PDEs · Mathematics 2025-08-15 Bjoern Bringmann , Sky Cao

In this article, we assess the benefits of coordination and partnerships between governments and private insurers, and provide further evidence for microinsurance products as powerful and cost-effective tools for achieving poverty…

Published during a severe economic crisis, this study presents the first spatial microsimulation model for the analysis of income inequalities and poverty in Greece. First, we present a brief overview of the method and discuss its potential…

Multiagent Systems · Computer Science 2016-11-24 Anastasia Panori , Dimitris Ballas , Yannis Psycharis

The assessment of the vulnerability of a community endangered by seismic hazard is of paramount importance for planning a precision policy aimed at the prevention and reduction of its seismic risk. We aim at measuring the vulnerability of…

Applications · Statistics 2021-09-14 Oleksandr Didkovskyi , Giovanni Azzone , Alessandra Menafoglio , Piercesare Secchi

We study analytically the change in the wealth ($x$) distribution $P(x)$ against saving propensity $\lambda$ in a closed economy, using the Kinetic theory. We estimate the Gini ($g$) and Kolkata ($k)$ indices by deriving (using $P(x)$) the…

Physics and Society · Physics 2022-03-14 Bijin Joseph , Bikas K. Chakrabarti

The win ratio is increasingly used in randomized trials due to its intuitive clinical interpretation, ability to incorporate the relative importance of composite endpoints, and its capacity for combining different types of outcomes (e.g.…

Methodology · Statistics 2026-02-02 Tracy Bergemann , Tim Hanson
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