Related papers: Confidence sets for dynamic poverty indexes
The impact of rising consumption on wealth inequality remains an open question. Here we revisit and extend the Social Architecture of Capitalism agent-based model proposed by Ian Wright, which reproduces stylized facts of wealth and income…
Since the United Nations launched the Sustainable Development Goals (SDG) in 2015, numerous universities, NGOs and other organizations have attempted to develop tools for monitoring worldwide progress in achieving them. Led by advancements…
Economic inequality emerges from the interplay between regional growth-rate differences and the interaction network that couples regions. We propose a minimal income-dynamics model, where heterogeneity is governed by growth-rate…
This papers aims to establish the empirical relationship between income, net wealth and their joint distribution in a selected group of euro area countries. I estimate measures of dependence between income and net wealth using a…
Microscopic models describing a whole of economic interactions in a closed society are considered. The presence of a tax system combined with a redistribution process is taken into account, as well as the occurrence of tax evasion. In…
Poverty prediction models are used to address missing data issues in a variety of contexts such as poverty profiling, targeting with proxy-means tests, cross-survey imputations such as poverty mapping, top and bottom incomes studies, or…
In many developing nations, a lack of poverty data prevents critical humanitarian organizations from responding to large-scale crises. Currently, socioeconomic surveys are the only method implemented on a large scale for organizations and…
Inequality measures such as the Gini coefficient are used to inform and motivate policymaking, and are increasingly applied to digital platforms. We analyze how measures fare in pseudonymous settings that are common in the digital age. One…
We introduce the social welfare implications of the Zenga index, a recently proposed index of inequality. Our proposal is derived by following the seminal book by Son (2011) and the recent working paper by Kakwani and Son (2019). We compare…
In the face of socioeconomic challenges, this paper develops and empirically demonstrates the Gondauri Index (GI) as a reproducible diagnostics-first composite framework for benchmarking macro-financial resilience across heterogeneous…
We investigate the repeated averaging model for money exchanges: two agents picked uniformly at random share half of their wealth to each other. It is intuitively convincing that a Dirac distribution of wealth (centered at the initial…
The paper contains a short review of techniques examining regional wealth inequalities based on recently published research work but is also presenting unpublished features. The data pertains to Italy (IT), over the period 2007-2011: the…
Polynomial distribution can be applied to dynamical systems in certain situations. Macroeconomic systems characterized by economic variables such as income and wealth can be modelled similarly using polynomials. We extend our previous work…
Concern about income inequality has become prominent in public discourse around the world. However, studies in behavioral economics and psychology have consistently shown that people prefer not equal but fair income distributions. Thus,…
Poverty maps are essential tools for governments and NGOs to track socioeconomic changes and adequately allocate infrastructure and services in places in need. Sensor and online crowd-sourced data combined with machine learning methods have…
The interest in summarizing complex and multidimensional phenomena often related to one or more specific sectors (social, economic, environmental, political, etc.) to make them easily understandable even to non-experts is far from waning. A…
The Sen index and Sen-Shorrocks-Thon (SST) index are widely used measures of poverty indices. Developing reliable inference for these measures enables us to compare these measures in different populations of interest in an effective way. It…
Poverty is one of the fundamental issues that mankind faces. To solve poverty issues, one needs to know how severe the issue is. The Multidimensional Poverty Index (MPI) is a well-known approach that is used to measure a degree of poverty…
In this paper we derive inferential results for a new index of inequality, specifically defined for capturing significant changes observed both in the left and in the right tail of the income distributions. The latter shifts are an apparent…
This paper analyzes some economic and demographic features of Italians living in cities containing a Saint name in their appellation (hagiotoponyms). Demographic data come from the surveys done in the 15th (2011) Italian Census, while the…