Related papers: A Statistical Inquiry into Gender-Based Income Ine…
We investigate the dynamics of wealth inequality in an economy where households have positional preferences, with the strength of the positional concern determined endogenously by inequality of wealth distribution in the society. We…
We study the interplay of information and prior (mis)perceptions in a Phelps-Aigner-Cain-type model of statistical discrimination in the labor market. We decompose the effect on average pay of an increase in how informative observables are…
Estimating the causal effect of fertility on women's employment is challenging because fertility and labor decisions are jointly determined. The difficulty is amplified in low- and middle-income countries, where longitudinal data are…
Urban scaling analysis, the study of how aggregated urban features vary with the population of an urban area, provides a promising framework for discovering commonalities across cities and uncovering dynamics shared by cities across time…
The evolution of global income distribution from 1988 to 2018 is analyzed using purchasing power parity exchange rates and well-established statistical distributions. This research proposes the use of two separate distributions to more…
The analysis of the USA 2001 income distribution shows that it can be described by at least two main components, which obey the generalized Tsallis statistics with different values of the q parameter. Theoretical calculations using the gas…
We analyse the UK income distribution from 2000 to 2023 using HMRC annual percentile data for both pre-tax and post-tax income. We fit a prefactor-adjusted $\kappa$-generalised specification to the data by weighted non-linear least squares…
Government efforts to address child poverty commonly encompass economic assistance programs that bolster household income. The Child Tax Credit (CTC) is the most prominent example of this. Introduced by the United States Congress in 1997,…
Strong empirical evidence from laboratory experiments, and more recently from population surveys, shows that individuals, when evaluating their situations, pay attention to whether they experience gains or losses, with losses weighing more…
Several studies of the Job Corps tend to nd more positive earnings effects for males than for females. This effect heterogeneity favouring males contrasts with the results of the majority of other training programmes' evaluations. Applying…
This study explores the link between the capital share and income inequality over the past four decades across 56 countries. Calculating the capital share from national accounts alongside top income share data from the World Inequality…
Various papers demonstrate the importance of inequality, poverty and the size of the middle class for economic growth. When explaining why these measures of the income distribution are added to the growth regression, it is often mentioned…
Diversity and inclusion, or D and I, is a topic that sparks the interest of companies, research groups, and individuals alike. Recently in the United States, renewed focus has been placed on fair and equitable pay practices, which are a key…
We analyse the income distributions of cities in France and the scaling of the income of different deciles as a function of the population. We find a significant difference in the scaling exponents for the richer and poorer parts of the…
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…
This paper resolves the empirical puzzle in the public-private wage literature: why studies using similar data reach contradictory conclusions about wage premiums and penalties. Utilizing rich French administrative panel data (2012-2019),…
Empirical analyses on income and wealth inequality and those in other fields in economics and finance often face the difficulty that the data is heterogeneous, heavy-tailed or correlated in some unknown fashion. The paper focuses on…
A commonly observed pattern in machine learning models is an underprediction of the target feature, with the model's predicted target rate for members of a given category typically being lower than the actual target rate for members of that…
Recreational fishing is an important economic driver and provides multiple social benefits. To predict fishing activity, identifying variables related to variation, such as gender or Covid-19, is helpful. We conducted a Canada-wide email…
A country's mix of products predicts its subsequent pattern of diversification and economic growth. But does this product mix also predict income inequality? Here we combine methods from econometrics, network science, and economic…