Is income inequality tending to fall in countries with high inequality and to rise in those where inequality is low? Is there a process of convergence toward medium-level inequality?
Several regularization methods for variational inequalities and fixed point problems are studied. Known convergence results especially require some kind of monotonicity of the problem data as well as, especially for Bregman-function-based algorithms, some additional assumption known as the cutting plane property. Unfortunately, these assumptions may be considered as rather restrictive e.g. in the framework of Nash equilibrium problems. This motivates the development of convergence results under weaker hypotheses which constitute the major subject of the present book. Studied methods include the Bregman-function-based Proximal Point Algorithm (BPPA), Cohen's Auxiliary Problem Principle and an extragradient algorithm.Moreover, this work also contains the first numerical comparison of stopping criteria in the framework of the BPPA. Although such conditions are the subject of theoretical investigations frequently, their numerical effectiveness and a deducible preference were still unknown. This gives rise to the necessity of the presented numerical experiments.
I. Social institutions and gender inequality -- 1. The Social Institutions and Gender Index (SIGI) -- 1.1. Introduction -- 1.2. The Database -- 1.3. Construction of the Subindices -- 1.3.1. Measuring the Association between Categorical Variables -- 1.3.2. Aggregating Variables to Build a Subindex -- 1.4. The Social Institutions and Gender Index (SIGI) -- 1.5. Results -- 1.5.1. Country Rankings and Regional Patterns -- 1.5.2. Simple Correlation with other Gender-related Indices -- 1.5.3. Regression Analysis -- 1.6. Conclusion -- 1.7. Tables -- 1.8. Figures -- 2. Why care about social inst. related to gender ineq. -- 2.1. Introduction -- 2.2. Social Institutions and Household Decisions -- 2.2.1. Social Institutions and Female Education -- 2.2.2. Social Institutions and Fertility and Child Mortality Rates -- 2.3. Social Institutions and the Society: Governance -- 2.4. Data -- 2.5. Empirical estimation and Results -- 2.5.1. Empirical estimation -- 2.5.2. Results -- 2.6. Conclusion -- 2.7. Tables -- 3. Reexamining the link between gender and corruption -- 3.1. Introduction -- 3.2. Empirical Estimation and Results -- 3.2.1. Data -- 3.2.2. Empirical Estimation -- 3.2.3. Results -- 3.3. Conclusion -- 3.4. Tables -- 3.5. Figures -- II. Regional growth convergence in Colombia -- 4. Regional convergence in Colombia: Income indicators -- 4.1. Introduction -- 4.2. Motivation and Background -- 4.2.1. Economic Background -- 4.2.2. Data Issues Affecting Convergence Results in Colombia -- 4.3. The Solow Model and Its Estimation -- 4.3.1. The Solow Model -- 4.3.2. Absolute Beta-Convergence -- 4.3.3. Conditional Convergence -- 4.3.4. Parameter Heterogeneity: Are There Different Steady States? -- 4.3.5. Sigma-Convergence -- 4.4. Distributional Approach: Quah's Critique -- 4.5. Empirical Estimation and Results -- 4.5.1. Sigma-Convergence -- 4.5.2. Absolute Beta-Convergence -- 4.5.3. Conditional Beta-Convergence Using Control Variables -- 4.5.4. Beta-Convergence Using Time-Series Cross-Sectional Data -- 4.5.5. Kernel Density Estimators -- 4.6. Conclusions -- 4.7. Tables -- 4.8. Figures -- 5. Regional convergence in Colombia: Social indicators -- 5.1. Introduction -- 5.2. Motivation -- 5.3. Methods for Measuring Convergence -- 5.4. Data and Empirical Estimation -- 5.4.1. Data -- 5.4.2. Empirical estimation -- 5.5. Results -- 5.5.1. Literacy Rate -- 5.5.2. Infant Survival Rate -- 5.5.3. Life Expectancy at Birth -- 5.5.4. Nourishment -- 5.6. Conclusions -- 5.7. Tables -- 5.8. Figures -- Appendices -- Appendix to Essay 1.
The first and only book to make this research available in the West Concise and accessible: proofs and other technical matters are kept to a minimum to help the non-specialist Each chapter is self-contained to make the book easy-to-use
Research on Economic Inequality, Volume 22 collects papers from the Fifth ECINEQ Meeting, bringing together research from both senior and emerging scholars in the field of income distribution and poverty studies. The Volume is rounded out with investigations into the inequality of leisure time, regional convergence, and specific country studies.
The point of the technique is to describe the asymptotic behavior of families of minimum problems. This textbook was developed from a lectures series for doctoral students in applied functional analysis to describe all the main features of the convergence to an audience primarily interested in applications but not intending to enter the specialty. Annotation copyrighted by Book News, Inc., Portland, OR
This book tries to portray the link between economic inequality and long-run growth via human capital and the major take of the book is to analyze the growth panorama through the lens of the ‘idea’ or ‘knowledge’ generation’ which is eventually considered as the ‘engine of growth’ being fueled by productivity enhancement through the innovations of new technologies. But this is not the end of the story as it involves enormous controversies. Simply the controversy started with the basic question --- why are some countries richer than other countries? To put it in another way, why growth is a miracle, why it is not driven homogeneously for economies, or whether the economies would converge or not? Another issue is predominantly crucial, that is, economic inequality in the process of economic expansion. In this context, the present book has given emphasis in explaining the selective growth theories starting from classical foundation to new growth theories including their inner implications in the passage of history of economic growth. In consequence, the vast landscape of theoretical contours about political philosophies and model analyses of economic growth including diverse generic versions of the said link between economic expansion and distribution are explained, and, the most important feature of the textbook is that the link is explored by focusing on a single factor, human capital. The prime emphasis of the present textbook is to look at the link between growth, inequality and human capital accumulation and their resultant outcomes in a new way as New Look by substantiating the issue through empirical analyses relating to the Indian States. The whole journey of the book consists of the political philosophy, models and empirics, the trio, without which the all-around venture of economic theories would become incomplete. For this reason, the whole perspective of empirical analysis is done to keep in mind the necessities of the learners such that they should not feel awkward with a set of data. It is, in that context, the empirical and structural issues are taken up to make the issues distinctively clearer with the presumption that the whole perspective would become, then, more delightful and easy to digest.
Economic volatility has come into its own after being treated for decades as a secondary phenomenon in the business cycle literature. This evolution has been driven by the recognition that non-linearities, long buried by the economist's penchant for linearity, magnify the negative effects of volatility on long-run growth and inequality, especially in poor countries. This collection organizes empirical and policy results for economists and development policy practitioners into four parts: basic features, including the impact of volatility on growth and poverty; commodity price volatility; the financial sector's dual role as an absorber and amplifier of shocks; and the management and prevention of macroeconomic crises. The latter section includes a cross-country study, case studies on Argentina and Russia, and lessons from the debt default episodes of the 1980s and 1990s.