We examine the effect on inequality of increasing one income, and show that for two wide classes of indices a benchmark income level or position exists, dividing upper from lower incomes, such that if a lower income is raised, inequality falls, and if an upper income is raised, inequality rises.
In the last decade a growing body of research has studied inference on partially identified parameters (e.g., Manski, 1990, 2003). Here the authors introduce conceptually different interval estimates that asymptotically cover each element in the identification region with fixed probability (but not necessarily every element simultaneously).
Thepaper studies land-market adjustment in the wake of Vietnam's reforms aiming toestablish a free market in land-use rights following de-collectivization.
This paper discusses a theoretical framework to study the issues of competition and incentives without relying on the standard profit-oriented market model in the context of the debates about public service reform in the UK.
This paper presents evidence on the relationship between shocks torelative male wages, and changes in household consumption in Mexico during the1990s decade, which is a period characterized by high volatility.
This paper considers data quality issues for the analysis of consumption inequality exploiting two complementary datasets from the Consumer Expenditure Survey for the United States.
