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Dynamic Models And Inequality
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Book Synopsis Dynamic Models and Inequality by : Robin Maialeh
Download or read book Dynamic Models and Inequality written by Robin Maialeh and published by Springer Nature. This book was released on 2020-06-29 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines empirical and theoretical research on economic inequality from the perspective of dynamic models. By using advanced mathematical tools, it reveals fundamental market dynamics and underlines the role of subsistence constraints and competition in economic distribution.
Book Synopsis Inequality and Finance in Macrodynamics by : Bettina Bökemeier
Download or read book Inequality and Finance in Macrodynamics written by Bettina Bökemeier and published by Springer. This book was released on 2017-04-26 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume combines approaches of the current inequality debate with aspects of finance based on profound macroeconomic model analyses. Research on inequality has had a long tradition in economics. With the financial crisis from 2007, not only output decreased tremendously, but also inequality has risen since then. The book presents selected contributions of a workshop held at Bielefeld University in 2016 and features additional papers written by experts in the field. A mixture of established researchers and young scholars presents both theoretical and empirical frameworks to analyze the subject.
Book Synopsis Dynamic Travel Choice Models by : Huey-Kuo Chen
Download or read book Dynamic Travel Choice Models written by Huey-Kuo Chen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains up-to-date and accessible material, plus all the necessary mathematical background. By verifying the asymmetric property of the dynamic link travel time function, while identifying the inflow, exit flow and number of vehicles on a physical link as three different states over time, the author adopts a variational inequality approach using one time-space link variable. This is then used to formulate problems with deterministic, stochastic and fuzzy traffic information. The book is thus of particular interest to those readers involved in aspects of model formulation, solution algorithm, equivalence analysis and numerical examples.
Book Synopsis Dynamics with Inequalities by : David E. Stewart
Download or read book Dynamics with Inequalities written by David E. Stewart and published by SIAM. This book was released on 2011-01-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses dynamics with inequalities comprehensively. The author develops the theory and application of dynamical systems that incorporate some kind of hard inequality constraint, such as mechanical systems with impact; electrical circuits with diodes (as diodes permit current flow in only one direction); and social and economic systems that involve natural or imposed limits (such as traffic flow, which can never be negative, or inventory, which must be stored within a given facility). This book demonstrates that hard limits - eschewed in most dynamical models - are natural models for many dynamic phenomena, and there are ways of creating differential equations with hard constraints that provide accurate models of many physical, biological, and economic systems. The author discusses how finite- and infinite-dimensional problems are treated in a unified way so the theory is applicable to both ordinary differential equations and partial differential equations.
Author :James B. Davies Publisher :London : Department of Economics, University of Western Ontario ISBN 13 :9780771407284 Total Pages :45 pages Book Rating :4.4/5 (72 download)
Book Synopsis A Dynamic Model of Redistribution, Inheritance and Inequality by : James B. Davies
Download or read book A Dynamic Model of Redistribution, Inheritance and Inequality written by James B. Davies and published by London : Department of Economics, University of Western Ontario. This book was released on 1986 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inequality: Structures, Dynamics and Mechanisms by : Arne L. Kalleberg
Download or read book Inequality: Structures, Dynamics and Mechanisms written by Arne L. Kalleberg and published by Elsevier. This book was released on 2004-12-04 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aage Sorensen was an influential intellectual presence who was one of the world's leading authorities on social stratification and the sociology of education. His research sought to understand the structures, dynamics and mechanisms that underlie inequalities in industrial societies by focusing on how individuals' attainments are shaped by characteristics of a society's or organization's opportunity structure, on the one hand, and individuals' education, experience and other human capital resources, on the other. He emphasized inequalities associated with education and schooling, class, and stratification outcomes such as income and occupational status. Within these general foci, he tackled the study of phenomena as diverse as rates of learning in elementary school reading groups and promotion patterns in large industrial corporations. The chapters of this volume illustrate some of the major themes that characterized Aage's research; these topics are also likely to constitute important concerns for future efforts to understand structured social inequality in society. These themes include: the development of explicit dynamic models to account for observed patterns of education, career, and labor market outcomes; aspects of educational inequality such as school effects and learning opportunities; issues related to intragenerational mobility and careers; and the role of rents in generating structural inequality.
Book Synopsis Families in an Era of Increasing Inequality by : Paul R. Amato
Download or read book Families in an Era of Increasing Inequality written by Paul R. Amato and published by Springer. This book was released on 2014-10-07 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The widening gap between the rich and the poor is turning the American dream into an impossibility for many, particularly children and families. And as the children of low-income families grow to adulthood, they have less access to opportunities and resources than their higher-income peers--and increasing odds of repeating the experiences of their parents. Families in an Era of Increasing Inequality probes the complex relations between social inequality and child development and examines possibilities for disrupting these ongoing patterns. Experts across the social sciences track trends in marriage, divorce, employment, and family structure across socioeconomic strata in the U.S. and other developed countries. These family data give readers a deeper understanding of how social class shapes children's paths to adulthood and how those paths continue to diverge over time and into future generations. In addition, contributors critique current policies and programs that have been created to reduce disparities and offer suggestions for more effective alternatives. Among the topics covered: Inequality begins at home: the role of parenting in the diverging destinies of rich and poor children. Inequality begins outside the home: putting parental educational investments into context. How class and family structure impact the transition to adulthood. Dealing with the consequences of changes in family composition. Dynamic models of poverty-related adversity and child outcomes. The diverging destinies of children and what it means for children's lives. As new initiatives are sought to improve the lives of families and children in the short and long term, Families in an Era of Increasing Inequality is a key resource for researchers and practitioners in family studies, social work, health, education, sociology, demography, and psychology.
Book Synopsis Economic Dynamics: Methods and Models by : G Gandolfo
Download or read book Economic Dynamics: Methods and Models written by G Gandolfo and published by Elsevier. This book was released on 1971-01-01 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Dynamics: Methods and Models aims to give a simple but comprehensive treatment of mathematical methods used in economic dynamics and show how they are utilized to build and to analyze dynamic models. The text also focuses on methods, and every mathematical technique introduced is followed by its application to selected models. The book is divided into three different parts. Part I: Different Equations discusses general principles; first-order, second-order, higher-order equations; simultaneous systems; and their economic applications. Part II: Differential Equations also discusses the same areas as those in Part I, but instead features differential equations, as what the section name suggests. Part III: More Advanced Material covers comparative statistics and the comparative principle; stability of equilibrium and Liapunov's second method; and linear mixed differential and difference equations, as well as its other related topics. The text is recommended for mathematicians and economists who have an idea on advanced mathematics and would like to know more about its applications in economics.
Book Synopsis Modeling the Origin and Possible Control of the Wealth Inequality Surge by : Yonatan Berman
Download or read book Modeling the Origin and Possible Control of the Wealth Inequality Surge written by Yonatan Berman and published by . This book was released on 2016 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid increase of wealth inequality in the past few decades is a most disturbing social and economic issue of our time. In order to control, and even reverse that surge, its origin and underlying mechanisms should be revealed. One of the challenges in studying these mechanisms is to incorporate realistic individual dynamics in the population level in a self-consistent manner. Our theoretical approach meets the challenge by using interacting multi-agent master-equations to model the dynamics of wealth inequality. The model is solved using stochastic multi-agent iterated maps. Taking into account growth rate, return on capital, private savings and economic mobility, we were able to capture the historical dynamics of wealth inequality in the United States during the course of the 20th century. We show that the fraction of capital income in the national income and the fraction of private savings are the critical factors that govern the wealth inequality dynamics. In addition, we found that economic mobility plays a crucial role in wealth accumulation. Notably, we found that the major decrease in private savings since the 1980s could be associated primarily with the recent surge in wealth inequality and if nothing changes in this respect we predict further increase in wealth inequality in the future. However, the 2007-08 financial crisis brought an opportunity to restrain the wealth inequality surge by increasing private savings. If this trend continues, it may lead to prevention, and even reversing, of the ongoing inequality surge.
Book Synopsis Equilibrium Models and Variational Inequalities by : Igor Konnov
Download or read book Equilibrium Models and Variational Inequalities written by Igor Konnov and published by Elsevier. This book was released on 2007-02-08 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of equilibrium plays a central role in various applied sciences, such as physics (especially, mechanics), economics, engineering, transportation, sociology, chemistry, biology and other fields. If one can formulate the equilibrium problem in the form of a mathematical model, solutions of the corresponding problem can be used for forecasting the future behavior of very complex systems and, also, for correcting the the current state of the system under control. This book presents a unifying look on different equilibrium concepts in economics, including several models from related sciences. - Presents a unifying look on different equilibrium concepts and also the present state of investigations in this field- Describes static and dynamic input-output models, Walras, Cassel-Wald, spatial price, auction market, oligopolistic equilibrium models, transportation and migration equilibrium models- Covers the basics of theory and solution methods both for the complementarity and variational inequality problems- The methods are illustrated by applications and exercises to economic equilibrium models
Book Synopsis Growing Inequality by : George A. Kaplan
Download or read book Growing Inequality written by George A. Kaplan and published by . This book was released on 2017-05-09 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book begins the process of unraveling some of the most 'wicked' problems in public health." - Tony Iton, MD, JD, MPH-The California Endowment Growing evidence indicates that no single factor-but a system of intertwined causes-explains why America's health is poorer than the health of other wealthy countries and why health inequities persist despite our efforts. Teasing apart the relationships between these many causes to find solutions has proven extraordinarily difficult. But now researchers are uncovering groundbreaking insights using computer-based systems science tools to simulate how these determinants come together to produce levels of population health and disparities and test new solutions. The culmination of over five years of work by experts from a more than a dozen disciplines, this book represents a bold step forward in identifying why some populations are healthy and others are not. Describing a series of studies that apply the techniques of systems science, it shows how these tools can be used to increase our understanding of the individual, group, and institutional factors that generate a wide range of health and social problems. Most importantly, it demonstrates the utility and power of these techniques to both wisely guide our understanding and help policy makers know what works. ... an intellectually courageous undertaking. It faces up to the reality of complexity in the social determinants of health. Its achievements and its documentation of difficulties will serve as a valuable foundation for the next generation of scientists and scholars who aim to understand the determinants of health and of health disparities." - Harvey V. Fineberg, MD, PhD, President, Gordon and Betty Moore Foundation and Former President, the Institute of Medicine ...goes beyond the search for a simplistic answer to health disparities and instead embraces the complexity. This is exactly what is needed if we are to improve population health and eliminate disparities." - Thomas A. LaVeist, PhD, Chairman, Department of Health Policy & Management, Milken Institute School of Public Health, George Washington University It is increasingly likely that in the non-distant future that population health policy will be fully informed by a coherent computational decision-support system that integrates data, analytics, systems modeling, forecasting, and cost-effectiveness. This book marks a serious movement toward that future." - Donald S. Burke, MD, Associate Vice Chancellor for Global Health, Dean, Graduate School of Public Health UPMC, Jonas Salk Professor of Global Health, Graduate School of Public Health, University of Pittsburgh Recent review of Growing Inequality by Interdisciplinary Association of Population Health Science (IAPHS): https: //iaphs.org/book-review-complex-systems-population-health-insights-network-inequality-complexity-health/
Book Synopsis The Dynamics of Inequality and Poverty by : John Creedy
Download or read book The Dynamics of Inequality and Poverty written by John Creedy and published by Edward Elgar Publishing. This book was released on 1998 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study utilises empirical evidence to model and measure aggregate poverty and income dynamics in order to design appropriate policies to alleviate poverty. It introduces the Lorenz curve and the Gini and Atkinson measures as techniques for assessing these conditions.
Book Synopsis Inequality: Structures, Dynamics and Mechanisms by : Arne L. Kalleberg
Download or read book Inequality: Structures, Dynamics and Mechanisms written by Arne L. Kalleberg and published by JAI Press. This book was released on 2005-01-13 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aage Sorensen was an influential intellectual presence who was one of the world's leading authorities on social stratification and the sociology of education. His research sought to understand the structures, dynamics and mechanisms that underlie inequalities in industrial societies by focusing on how individuals' attainments are shaped by characteristics of a society's or organization's opportunity structure, on the one hand, and individuals' education, experience and other human capital resources, on the other. He emphasized inequalities associated with education and schooling, class, and stratification outcomes such as income and occupational status. Within these general foci, he tackled the study of phenomena as diverse as rates of learning in elementary school reading groups and promotion patterns in large industrial corporations. The chapters of this volume illustrate some of the major themes that characterized Aage's research; these topics are also likely to constitute important concerns for future efforts to understand structured social inequality in society. These themes include: the development of explicit dynamic models to account for observed patterns of education, career, and labor market outcomes; aspects of educational inequality such as school effects and learning opportunities; issues related to intragenerational mobility and careers; and the role of rents in generating structural inequality.
Book Synopsis Network Economics by : Anna Nagurney
Download or read book Network Economics written by Anna Nagurney and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition of Network Economics: A Variational Inequality Approach in 1993, there have been many ad vances in both methodological developments, as well as, applications in this field. These have occurred in an environment of an increasingly networked global economy, in which the importance of transportation networks and communication networks is now well-recognized, with net works such as knowledge networks, environmental networks, and finan cial networks receiving growing attention. This edition adds recent research progress in new and evolving ar eas of network economics through common and unifying principles. In addition, it includes dynamic models of traffic, of spatially separated markets, of oligopolistic markets, and of financial markets. In order to expand the range and reach of this material, we have also included a series of problems in an appendix for self-study purposes and for use in the classroom. We note that computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past fifteen years, in particular, have witnessed a dramatic growth of interest in this area. Supported by the increasing availability of data and by advances in computer architectures, the scale and dimensions of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis.
Book Synopsis Innovation and Inequality by : Susan Cozzens
Download or read book Innovation and Inequality written by Susan Cozzens and published by Edward Elgar Publishing. This book was released on 2014-05-30 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Susan Cozzens, Dhanaraj Thakur, and the other co-authors ask how the benefits and costs of emerging technologies are distributed amongst different countries _ some rich and some poor. Examining the case studies of five technologies across eight countri
Book Synopsis The Dynamics of Wealth Inequality and the Effect of Income Distribution by : Yonatan Berman
Download or read book The Dynamics of Wealth Inequality and the Effect of Income Distribution written by Yonatan Berman and published by . This book was released on 2016 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid increase of wealth inequality in the past few decades is one of the most disturbing social and economic issues of our time. Studying its origin and underlying mechanisms is essential for policy aiming to control and even reverse this trend. In that context, controlling the distribution of income, using income tax or other macroeconomic policy instruments, is generally perceived as effective for regulating the wealth distribution. We provide a theoretical tool, based on the realistic modeling of wealth inequality dynamics, to describe the effects of personal savings and income distribution on wealth inequality. Our theoretical approach incorporates coupled equations, solved using iterated maps to model the dynamics of wealth and income inequality. Notably, using the appropriate historical parameter values we were able to capture the historical dynamics of wealth inequality in the United States during the course of the 20th century. It is found that the effect of personal savings on wealth inequality is substantial, and its major decrease in the past 30 years can be associated with the current wealth inequality surge. In addition, the effect of increasing income tax, though naturally contributing to lowering income inequality, might contribute to a mild increase in wealth inequality and vice versa. Plausible changes in income tax are found to have an insignificant effect on wealth inequality, in practice. In addition, controlling the income inequality, by progressive taxation, for example, is found to have a very small effect on wealth inequality in the short run. The results imply, therefore, that controlling income inequality is an impractical tool for regulating wealth inequality.
Book Synopsis Taking Down the Wall: Transition and Inequality by : Mr.Serhan Cevik
Download or read book Taking Down the Wall: Transition and Inequality written by Mr.Serhan Cevik and published by International Monetary Fund. This book was released on 2020-02-14 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the main determinants of income inequality in transition countries during the period 1990–2018. To this end, we address a major methodological challenge that lies at the core of the cross-country literature on income inequality: the potential endogeneity of income growth, which is largely ignored by most empirical studies. We adopt a two-pronged empirical strategy by (i) using trading partners’ weighted average real GDP as an instrumental variable (IV), and (ii) estimating the model via the two-stage least squares (2SLS) approach for static models and the Generalized Method of Moments (GMM) estimator for dynamic models. Our empirical findings are consistent with the Kuznets curve that illustrates a nonlinear relationship between income inequality and the level of economic development. We also find that the redistributive impact of fiscal policy is statistically insignificant and taxation and government spending appear to have the opposing effects on income inequality in transition economies.
