This graduate text provides an intuitive but rigorous treatment of contemporary methods used in microeconometric research. The book makes clear that applied microeconometrics is about the estimation of marginal and treatment effects, and that…
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Introducing a concept of real, as opposed to nominal, inequality of income or wealth suggests some historical reinterpretations, buttressed by a closer look at consumption by the rich. The purchasing powers of different income classes depend on how…
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Average Customer Rating: 4.5 Rating: 4 Dense but highly readable account of global financial coordination and its failures This book has two central premises: 1. It's easier for national governments to keep their currency's exchange rate in check…
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New estimates of nominal earnings and the cost of living are presented and used to make a fresh assessment of changes in the real earnings of male and female manual workers in Britain from 1770 to 1870. Workers' average real earnings are then…
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Cephalometry is often used to assess patients with sleep apnoea but whether these measurements differ from those in non-apnoeic snorers and how they are influenced by age is not clear. Cephalometric radiographs of patients with sleep apnoea were…
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This paper investigates the distribution of well being among world citizens during the last two centuries. The estimates show that inequality of world distribution of income worsened from the beginning of the 19th century to World War II and after…
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How much of the good growth performance in Latin America between 1870 and 1913 can be assigned to the forces of globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It…
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The present study provides normative data on changes in visuomotor control of the oral-facial system across the lifespan. Control of the lower lip, jaw, and larynx (i.e., fundamental frequency) was examined using a nonspeech visuomotor tracking…
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Existing work suggests that black-white gaps in potential wages are much larger among men than women and further that black-white differences in patterns of female labor supply are unimportant. However, panel data on wages and income sources…
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During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly…
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The paper uses new cross-country data on income and asset (land) distribution to show that (i) there is a strong negative relationship between initial inequality in the asset distribution and long-term growth; (ii) inequality reduces income growth…
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Conventional income estimates imply gains so large that Britain's food consumption per caput should have risen by between 35 and 62 per cent between 1770 and 1850. Yet estimates of per caput foodstuff supplies show no rise. Three insights partly…
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The late 19th and the late 20th century shared more than simply globalization and convergence. Globalization also seems to have had the same impact on income distribution: in the late 19th century, inequality rose in rich countries and fell in poor…
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