Handbook of Income Distribution
| Author | : Anthony Barnes Atkinson |
| Publisher | : Elsevier |
| Total Pages | : 980 |
| Release | : 2000 |
| Genre | : Economics |
| ISBN | : 9780444816313 |
Heterogeneity In Convergence Rates And Income Determination Across Us States
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Proceedings of IAC-MEM 2015 in Vienna
| Author | : group of authors |
| Publisher | : Czech Institute of Academic Education z.s. |
| Total Pages | : 360 |
| Release | : 2015-11-09 |
| Genre | : Business & Economics |
| ISBN | : 8090579159 |
Proceedings - International Academic Conference on Management, Economics and Marketing in Vienna 2015
Metropolitan Income Growth and Convergence
| Author | : Roberto J. Cavazos |
| Publisher | : Routledge |
| Total Pages | : 83 |
| Release | : 2017-07-12 |
| Genre | : Social Science |
| ISBN | : 1351746146 |
This title was first published in 2001. What determines urban growth? Much has been written on particular causes and incidents which can explain the rise of one metropolis and the fall of another, but these do not illustrate general tendencies. This volume asks whether theories used to explain economic growth of nations or regions can be employed to find characteristics which encourage the growth of cities. Cavazos tests two principal theoretical approaches in this way. The first, the endogenous growth theory, predicts that incomes will diverge and sees technological innovations as the engine of economic growth. The second, the neoclassical growth theory, predicts conditional convergence and rates capital accumulation as the key to economic growth. He uses the two models to study US metropolitan income growth between 1970 and 1990 and compares their performance to determine which provides more insightful explanations of metropolitan growth.
The Effects of Economic Shocks on Heterogeneous Inflation Expectations
| Author | : Yoosoon Chang |
| Publisher | : International Monetary Fund |
| Total Pages | : 59 |
| Release | : 2022-07 |
| Genre | : Business & Economics |
| ISBN | : |
In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which influence the expected inflation distribution through disagreement, level shift and ambiguity. Linking these functional shocks to economic shocks, we find that contractionary monetary shocks increase the average level of inflation expectation with anchoring effects, with a reduction in disagreement and an increase in the share of households expecting future inflation to be between 2 to 4 percent. Such anchoring effects are not observed when the high inflation periods prior to the Volcker disinflation are included. Expansionary government spending shocks have inflationary effects on both short and medium-run inflation expectations, while an increase in personal income tax shocks is inflationary for mediumrun. A surprise increase in gasoline prices increases the level of inflation expectations, but lowers the share of households with 2 percent inflation expectations.
The New Palgrave Dictionary of Economics
| Author | : |
| Publisher | : Springer |
| Total Pages | : 7493 |
| Release | : 2016-05-18 |
| Genre | : Law |
| ISBN | : 1349588024 |
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Empirical Modelling in Regional Science
| Author | : Timo Mitze |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 345 |
| Release | : 2012-01-05 |
| Genre | : Business & Economics |
| ISBN | : 364222900X |
Economic agents interact in structural relationships through time and space. This work starts from the empirical observation that all three dimensions, namely time, space, and structural functional forms, are important for an integrative framework of modern empirical analysis in regional science. The work thus aims at combining up-to-date econometric tools from the fields of spatial econometrics, panel time-series analysis and structural simultaneous equation modelling to analysis the different research questions at hand. Most of the topics dealt within this work start from a concrete empirical problem, while problem solving also aims at generating some new knowledge in a methodological way, e.g. by the complementary use of Monte Carlo simulation studies to compare the empirical performance of different estimators for specific data samples. Following a first introductory chapter, the work is structured in three parts addressing major issues in building up a stylized regional economic model such as interregional migration, factor and final demand estimation. All empirical applications use German regional data.
Spatial Econometrics
| Author | : Giuseppe Arbia |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 283 |
| Release | : 2008-11-14 |
| Genre | : Business & Economics |
| ISBN | : 3790820709 |
Spatial Econometrics is a rapidly evolving field born from the joint efforts of economists, statisticians, econometricians and regional scientists. The book provides the reader with a broad view of the topic by including both methodological and application papers. Indeed the application papers relate to a number of diverse scientific fields ranging from hedonic models of house pricing to demography, from health care to regional economics, from the analysis of R&D spillovers to the study of retail market spatial characteristics. Particular emphasis is given to regional economic applications of spatial econometrics methods with a number of contributions specifically focused on the spatial concentration of economic activities and agglomeration, regional paths of economic growth, regional convergence of income and productivity and the evolution of regional employment. Most of the papers appearing in this book were solicited from the International Workshop on Spatial Econometrics and Statistics held in Rome (Italy) in 2006.
Growth Convergence and Spillovers among Indian States
| Author | : Sanjay Kalra |
| Publisher | : International Monetary Fund |
| Total Pages | : 36 |
| Release | : 2010-04-01 |
| Genre | : Business & Economics |
| ISBN | : 1451982739 |
Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian states are generally found to be similar, but more nuanced, than previous studies. Generally speaking, there is evidence of divergence over the entire sample period, convergence during sub-periods corresponding to structural breaks, and club convergence. There is strong evidence of club convergence among the high- and low-income states; the evidence for middle-income states is mixed. Dynamic spillover effects among states are small.
Palgrave Handbook of Econometrics
| Author | : Terence C. Mills |
| Publisher | : Springer |
| Total Pages | : 1406 |
| Release | : 2009-06-25 |
| Genre | : Business & Economics |
| ISBN | : 0230244408 |
Following theseminal Palgrave Handbook of Econometrics: Volume I , this second volume brings together the finestacademicsworking in econometrics today andexploresapplied econometrics, containing contributions onsubjects includinggrowth/development econometrics and applied econometrics and computing.
Development Patterns of Material Productivity
| Author | : Larissa Talmon-Gros |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 220 |
| Release | : 2014-02-10 |
| Genre | : Business & Economics |
| ISBN | : 3319025384 |
Increasing concerns regarding the world’s natural resources and sustainability continue to be a major issue for global development. As a result several political initiatives and strategies for green or resource-efficient growth both on national and international levels have been proposed. A core element of these initiatives is the promotion of an increase of resource or material productivity. This dissertation examines material productivity developments in the OECD and BRICS countries between 1980 and 2008. By applying the concept of convergence stemming from economic growth theory to material productivity the analysis provides insights into both aspects: material productivity developments in general as well potentials for accelerated improvements in material productivity which consequently may allow a reduction of material use globally. The results of the convergence analysis underline the importance of policy-making with regard to technology and innovation policy enabling the production of resource-efficient products and services as well as technology transfer and diffusion.
