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This paper introduces the Relative Inequality Index at the Maximum (IDRM), a novel and intuitive measure designed to capture inequality within a population, such as income inequality. The index is based on the idea that individuals…

We study several models of growth driven by innovation and imitation by a continuum of firms, focusing on the interaction between the two. We first investigate a model on a technology ladder where innovation and imitation combine to…

Theoretical Economics · Economics 2020-08-27 Jess Benhabib , Éric Brunet , Mildred Hager

All economies require physical resource consumption to grow and maintain their structure. The modern economy is additionally characterized by private debt. The Human and Resources with MONEY (HARMONEY) economic growth model links these…

Theoretical Economics · Economics 2021-06-07 Carey W. King

In order to reduce greenhouse gas emissions of the power sector, high shares of renewable power sources need to be integrated into existing systems. This will require vast amounts of investments. Cost of the capital needed for these…

Physics and Society · Physics 2020-02-18 Bruno U. Schyska , Alexander Kies

Economic competition between humans leads to income inequality, but, so far, there has been little understanding of underlying quantitative mechanisms governing such a collective behavior. We analyze datasets of household income from 67…

Economics · Quantitative Finance 2019-05-07 Yong Tao , Xiangjun Wu , Tao Zhou , Weibo Yan , Yanyuxiang Huang , Han Yu , Benedict Mondal , Victor M. Yakovenko

This study examined the relationship between trade facilitation and economic growth among the middle-income countries from 2010 to 2020 using 94 countries made up of 48 lower-middle-income countries and 46 upper-middle-income countries. The…

General Economics · Economics 2023-05-25 Victor Ushahemba Ijirshar

Cap-based regulations are widely used to address distributional disparities in matching markets, but their efficiency relative to alternative instruments such as subsidies remains poorly understood. This paper develops a framework for…

Computer Science and Game Theory · Computer Science 2025-07-08 Kei Ikegami , Atsushi Iwasaki , Akira Matsushita , Kyohei Okumura

Geographically distributed teams often face challenges in coordination and collaboration, lowering their productivity. Understanding the relationship between team dispersion and productivity is critical for supporting such teams. Extensive…

Human-Computer Interaction · Computer Science 2022-08-11 Dakuo Wang , Michael Muller , Qian Yang , Zijun Wang , Ming Tan , Stacy Hobson

Socio-economic inequality is characterized from data using various indices. The Gini ($g$) index, giving the overall inequality is the most common one, while the recently introduced Kolkata ($k$) index gives a measure of $1-k$ fraction of…

Physics and Society · Physics 2016-11-23 Arnab Chatterjee , Asim Ghosh , Bikas K Chakrabarti

Income inequality and redistribution policies are modeled with a minimal, endogenous model of a simple foraging economy. Significant income inequalities emerge from the model for populations of equally capable individuals presented with…

Physics and Society · Physics 2024-11-21 John C. Stevenson

The aim of this paper is to analyze the relationship between inter-industry, intra-industry and inter-regional clustering and demand for labor by companies in Portugal. Is expected at the outset that there is more demand for work where the…

General Finance · Quantitative Finance 2011-10-26 Vitor Joao Pereira Domingues Martinho

Mainly through regression discontinuity designs, Khanna (2023a) studies the impacts of a primary schooling expansion in India in the 1990s. Absent from the data set are four districts close to the modeled treatment discontinuity.…

General Economics · Economics 2025-11-04 David Roodman

Recent work has shown that a country's productive structure constrains its level of economic growth and income inequality. Here, we compare the productive structure of countries in Latin America and the Caribbean (LAC) with that of China…

General Finance · Quantitative Finance 2017-01-18 Dominik Hartmann , Cristian Jara-Figueroa , Miguel Guevara , Alex Simoes , César A. Hidalgo

This study examines the relationship between road infrastructure and crime rate in rural India using a nationally representative survey. On the one hand, building roads in villages may increase connectivity, boost employment, and lead to…

General Economics · Economics 2021-12-15 Ritika Jain , Shreya Biswas

Considering the production processes, it was noted that the use of various equipment leads to an increase in output -- the phenomenon that is usually described as the substitution of labor with capital. The proposed theory of substitution…

Physics and Society · Physics 2025-09-09 Vladimir Pokrovskii

Due to the unavailability of nationally representative data on time use, a systematic analysis of the gender gap in unpaid household and care work has not been undertaken in the context of India. The present paper, using the recent Time Use…

General Economics · Economics 2021-07-22 Athary Janiso , Prakash Kumar Shukla , Bheemeshwar Reddy A

Intra-household inequality continues to remain a neglected corner despite renewed focus on income and wealth inequality. Using the LIS micro data, we present evidence that this neglect is equivalent to ignoring up to a third of total…

General Finance · Quantitative Finance 2016-08-31 Deepak Malghan , Hema Swaminathan

This work presents an empirical study of the evolution of the consumer expenditure distribution in India during 1982-2007. We have used the National Sample Survey Organization data and analysed the expenditure distribution for the urban and…

General Finance · Quantitative Finance 2010-07-09 Abhik Ghosh , Kausik Gangopadhyay , B. Basu

This paper explores the relationship between the inner economical structure of communities and their population distribution through a rank-rank analysis of official data, along statistical physics ideas within two techniques. The data is…

Economics · Quantitative Finance 2015-08-17 Roy Cerqueti , Marcel Ausloos

In this paper we offer a way to measure the knowledge base of an economy in terms of probabilistic entropy. This measure, we hypothesize, is an indication of the extent to which a system, including the economic system, self-organizes. In a…

Physics and Society · Physics 2009-11-10 Wilfred Dolfsma , Loet Leydesdorff