Resource Allocation Under Income Disparity And Valuation Heterogeneity

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Testing Piketty’s Hypothesis on the Drivers of Income Inequality

Author : Carlos Góes
Publisher : International Monetary Fund
ISBN 13 : 1475527691
Total Pages : 27 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Testing Piketty’s Hypothesis on the Drivers of Income Inequality by : Carlos Góes

Download or read book Testing Piketty’s Hypothesis on the Drivers of Income Inequality written by Carlos Góes and published by International Monetary Fund. This book was released on 2016-08-19 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.

Heterogeneity and Persistence in Returns to Wealth

Author : Andreas Fagereng
Publisher : International Monetary Fund
ISBN 13 : 1484370066
Total Pages : 69 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Heterogeneity and Persistence in Returns to Wealth by : Andreas Fagereng

Download or read book Heterogeneity and Persistence in Returns to Wealth written by Andreas Fagereng and published by International Monetary Fund. This book was released on 2018-07-27 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their financial assets (a standard deviation of 14%) and on their net worth (a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the return by 3 percentage points - and by 17 percentage points when the same exercise is performed for the return to net worth. Fourth, wealth returns exhibit substantial persistence over time. We argue that while this persistence partly reflects stable differences in risk exposure and assets scale, it also reflects persistent heterogeneity in sophistication and financial information, as well as entrepreneurial talent. Finally, wealth returns are (mildly) correlated across generations. We discuss the implications of these findings for several strands of the wealth inequality debate.

Causes and Consequences of Income Inequality

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Data Science and Productivity Analytics

Author : Vincent Charles
Publisher : Springer
ISBN 13 : 9783030433864
Total Pages : 439 pages
Book Rating : 4.4/5 (338 download)

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Book Synopsis Data Science and Productivity Analytics by : Vincent Charles

Download or read book Data Science and Productivity Analytics written by Vincent Charles and published by Springer. This book was released on 2021-05-23 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes a spectrum of concepts, such as performance, productivity, operations research, econometrics, and data science, for the practically and theoretically important areas of ‘productivity analysis/data envelopment analysis’ and ‘data science/big data’. Data science is defined as the collection of scientific methods, processes, and systems dedicated to extracting knowledge or insights from data and it develops on concepts from various domains, containing mathematics and statistical methods, operations research, machine learning, computer programming, pattern recognition, and data visualisation, among others. Examples of data science techniques include linear and logistic regressions, decision trees, Naïve Bayesian classifier, principal component analysis, neural networks, predictive modelling, deep learning, text analysis, survival analysis, and so on, all of which allow using the data to make more intelligent decisions. On the other hand, it is without a doubt that nowadays the amount of data is exponentially increasing, and analysing large data sets has become a key basis of competition and innovation, underpinning new waves of productivity growth. This book aims to bring a fresh look onto the various ways that data science techniques could unleash value and drive productivity from these mountains of data. Researchers working in productivity analysis/data envelopment analysis will benefit from learning about the tools available in data science/big data that can be used in their current research analyses and endeavours. The data scientists, on the other hand, will also get benefit from learning about the plethora of applications available in productivity analysis/data envelopment analysis.

Competitiveness’ Key Factor s: the organization's internal resources, its heterogeneous distribution and its difficulty to imitate them

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Author : Nemesio Castillo
Publisher : Lulu.com
ISBN 13 : 1304489221
Total Pages : 234 pages
Book Rating : 4.3/5 (44 download)

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Book Synopsis Competitiveness’ Key Factor s: the organization's internal resources, its heterogeneous distribution and its difficulty to imitate them by : Nemesio Castillo

Download or read book Competitiveness’ Key Factor s: the organization's internal resources, its heterogeneous distribution and its difficulty to imitate them written by Nemesio Castillo and published by Lulu.com. This book was released on 2013-10-16 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competitiveness' Key Factor s: the organization's internal resources, its heterogeneous distribution and its difficulty to imitate them

Economic Valuation of Environmental Health Risks to Children

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264013989
Total Pages : 314 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Economic Valuation of Environmental Health Risks to Children by : OECD

Download or read book Economic Valuation of Environmental Health Risks to Children written by OECD and published by OECD Publishing. This book was released on 2006-01-12 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This OECD book proposes an in depth analysis of the main methodological difficulties associated with estimating the social value of a reduction in environmental health risks to children.

Health Systems Financing

Author : World Health Organization
Publisher : World Health Organization
ISBN 13 : 9241564024
Total Pages : 132 pages
Book Rating : 4.2/5 (415 download)

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Book Synopsis Health Systems Financing by : World Health Organization

Download or read book Health Systems Financing written by World Health Organization and published by World Health Organization. This book was released on 2010 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This World Health Report was produced under the overall direction of Carissa Etienne ... and Anarfi Asamoa Baah ... The principal writers were David B. Evans ... [et al] -- t.p. verso.

Inequality of Opportunity, Inequality of Income and Economic Growth

Author : Mr.Shekhar Aiyar
Publisher : International Monetary Fund
ISBN 13 : 1484396987
Total Pages : 23 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality of Opportunity, Inequality of Income and Economic Growth by : Mr.Shekhar Aiyar

Download or read book Inequality of Opportunity, Inequality of Income and Economic Growth written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2019-02-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.

Distributional Cost-Effectiveness Analysis

Author : Richard Cookson
Publisher : Handbooks in Health Economic Evaluation
ISBN 13 : 0198838190
Total Pages : 385 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Distributional Cost-Effectiveness Analysis by : Richard Cookson

Download or read book Distributional Cost-Effectiveness Analysis written by Richard Cookson and published by Handbooks in Health Economic Evaluation. This book was released on 2020-09-30 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health inequalities blight lives, generate enormous costs, and exist everywhere. This book is the definitive all-in-one guide for anyone who wishes to learn about, commission, and use distributional cost-effectiveness analysis to promote both equity and efficiency in health and healthcare.

Intra-household Resource Allocation

Author : Beatrice Lorge Rogers
Publisher : United Nations University Press
ISBN 13 : 9789280807332
Total Pages : 222 pages
Book Rating : 4.8/5 (73 download)

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Book Synopsis Intra-household Resource Allocation by : Beatrice Lorge Rogers

Download or read book Intra-household Resource Allocation written by Beatrice Lorge Rogers and published by United Nations University Press. This book was released on 1990 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: United Nations sales no. E.90.III.A.2

Income Distribution in Macroeconomic Models

Author : Giuseppe Bertola
Publisher : Princeton University Press
ISBN 13 : 0691164592
Total Pages : 439 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Income Distribution in Macroeconomic Models by : Giuseppe Bertola

Download or read book Income Distribution in Macroeconomic Models written by Giuseppe Bertola and published by Princeton University Press. This book was released on 2014-09-28 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.

The Poverty and Distributional Impact of Macroeconomic Shocks and Policies

Author : Boniface Essama-Nssah
Publisher : World Bank Publications
ISBN 13 : 5081013242
Total Pages : 78 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis The Poverty and Distributional Impact of Macroeconomic Shocks and Policies by : Boniface Essama-Nssah

Download or read book The Poverty and Distributional Impact of Macroeconomic Shocks and Policies written by Boniface Essama-Nssah and published by World Bank Publications. This book was released on 2005 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications. This creates interdependence between such policy issues. Finally, the distributional impact of shocks and policies hinges on the heterogeneity of socioeconomic agents with respect to endowments and behavior. In the end, each modeling approach should be judged on how well it handles the interdependence between policy issues and the heterogeneity of the stakeholders, given other constraints. " -- Cover verso.

Economic Microfoundations of Strategic Management

Author : Kirsten Foss
Publisher : Springer Nature
ISBN 13 : 3031129105
Total Pages : 292 pages
Book Rating : 4.0/5 (311 download)

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Book Synopsis Economic Microfoundations of Strategic Management by : Kirsten Foss

Download or read book Economic Microfoundations of Strategic Management written by Kirsten Foss and published by Springer Nature. This book was released on 2022-10-18 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a property rights approach to firm strategy and demonstrates how it helps address key challenges in strategic management research. It shows that the property rights approach holds important implications both for entrepreneurship and organizational learning theory. Property rights have direct implications for strategic management, as control over assets has an immediate link to the creation and appropriation of economic value. For a firm to execute a competitive strategy, it must hold rights to appropriate resources. This book will appeal to scholars working in the fields of strategic management, organizational theory and resource allocation. It is an invaluable summary of two decades of groundbreaking research.

Distributed Heterogeneous Multi Sensor Task Allocation Systems

Author : Itshak Tkach
Publisher : Springer Nature
ISBN 13 : 3030347354
Total Pages : 145 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Distributed Heterogeneous Multi Sensor Task Allocation Systems by : Itshak Tkach

Download or read book Distributed Heterogeneous Multi Sensor Task Allocation Systems written by Itshak Tkach and published by Springer Nature. This book was released on 2019-11-25 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s real-world problems and applications in sensory systems and target detection require efficient, comprehensive and fault-tolerant multi-sensor allocation. This book presents the theory and applications of novel methods developed for such sophisticated systems. It discusses the advances in multi-agent systems and AI along with collaborative control theory and tools. Further, it examines the formulation and development of an allocation framework for heterogeneous multi-sensor systems for various real-world problems that require sensors with different performances to allocate multiple tasks, with unknown a priori priorities that arrive at unknown locations at unknown time. It demonstrates how to decide which sensor to allocate to which tasks when and where. Lastly, it explains the reliability and availability issues of task allocation systems, and includes methods for their optimization. The presented methods are explained, measured, and evaluated by extensive simulations, and the results of these simulations are presented in this book. This book is an ideal resource for academics, researchers and graduate students as well as engineers and professionals and is relevant for various applications such as sensor network design, multi-agent systems, task allocation, target detection, and team formation.

CUET-PG Architecture SCQP04 Question Bank Book 2000 MCQ With Solution Chapter Wise

Author :
Publisher : DIWAKAR EDUCATION HUB
ISBN 13 :
Total Pages : 243 pages
Book Rating : 4./5 ( download)

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Book Synopsis CUET-PG Architecture SCQP04 Question Bank Book 2000 MCQ With Solution Chapter Wise by :

Download or read book CUET-PG Architecture SCQP04 Question Bank Book 2000 MCQ With Solution Chapter Wise written by and published by DIWAKAR EDUCATION HUB. This book was released on 2024-06-24 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: CUET-PG Architecture & Planning SCQP04 Question Bank Book 2000 MCQ With Solution Chapter Wise As Per Updated Syllabus Highlights of CUET-PG Architecture & Planning Question Bank- 2000+ Questions Answer [MCQ] 285 MCQ of Each Chapter [Unit wise] As Per the Updated Syllabus Include Most Expected MCQ as per Paper Pattern/Exam Pattern All Questions Design by Expert Faculties & JRF Holder.

The Impact of Global Industrial Manufacturing and the Development Strategy of New Energy and New Technologies under the Action of Carbon Reduction

Download The Impact of Global Industrial Manufacturing and the Development Strategy of New Energy and New Technologies under the Action of Carbon Reduction PDF Online Free

Author : Wen-Tsao Pan
Publisher : Frontiers Media SA
ISBN 13 : 2832543545
Total Pages : 132 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis The Impact of Global Industrial Manufacturing and the Development Strategy of New Energy and New Technologies under the Action of Carbon Reduction by : Wen-Tsao Pan

Download or read book The Impact of Global Industrial Manufacturing and the Development Strategy of New Energy and New Technologies under the Action of Carbon Reduction written by Wen-Tsao Pan and published by Frontiers Media SA. This book was released on 2024-01-26 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of the climate crisis, governments reached a consensus on promoting enterprises and organizations to take relevant carbon reduction actions in the United Nations Climate Change Conference (COP 26) held in Glasgow on November 1, 2021. The topic of carbon reduction will continue to be discussed at the 27th Conference of the Parties (COP27) of the United Nations Climate Change Conference in 2022. The international community expects all parties to truly implement their commitments to reduce emissions and take joint actions to effectively address the crises and challenges brought about by climate change. Carbon dioxide will lead to the global average temperature warming year by year. The use of coal, oil and natural gas and the emission of exhaust gas are the main driving factors of global warming. In addition, the causes of global warming also include the reduction of plants due to deforestation.

Measuring and Valuing Health Benefits for Economic Evaluation

Author : John Brazier
Publisher : Oxford University Press
ISBN 13 : 0191038776
Total Pages : 373 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Measuring and Valuing Health Benefits for Economic Evaluation by : John Brazier

Download or read book Measuring and Valuing Health Benefits for Economic Evaluation written by John Brazier and published by Oxford University Press. This book was released on 2016-11-10 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are not enough resources in health care systems around the world to fund all technically feasible and potentially beneficial health care interventions. Difficult choices have to be made, and economic evaluation offers a systematic and transparent process for informing such choices. A key component of economic evaluation is how to value the benefits of health care in a way that permits comparison between health care interventions, such as through costs per quality-adjusted life years (QALY). Measuring and Valuing Health Benefits for Economic Evaluation examines the measurement and valuation of health benefits, reviews the explosion of theoretical and empirical work in the field, and explores an area of research that continues to be a major source of debate. It addresses the key questions in the field including: the definition of health, the techniques of valuation, who should provide the values, techniques for modelling health state values, the appropriateness of tools in children and vulnerable groups, cross cultural issues, and the problem of choosing the right instrument. This new edition contains updated empirical examples and practical applications, which help to clarify the readers understanding of real world contexts. It features a glossary containing the common terms used by practitioners, and has been updated to cover new measures of health and wellbeing, such as ICECAP, ASCOT and AQOL. It takes into account new research into the social weighting of a QALY, the rising use of ordinal valuation techniques, use of the internet to collect data, and the use of health state utility values in cost effectiveness models. This is an ideal resource for anyone wishing to gain a specialised understanding of health benefit measurement in economic evaluation, especially those working in the fields of health economics, public sector economics, pharmacoeconomics, health services research, public health, and quality of life research.