Shlomo Yitzhaki's Books

The Gini Methodology

A Primer on a Statistical Methodology

By: Shlomo Yitzhaki,Edna Schechtman

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Gini Methodology

A Primer on a Statistical Methodology

By: Shlomo Yitzhaki,Edna Schechtman

Gini's mean difference (GMD) was first introduced by Corrado Gini in 1912 as an alternative measure of variability. GMD and the parameters which are derived from it (such as the Gini coefficient or the concentration ratio) have been in use in the area of income distribution for almost a century. In practice, the use of GMD as a measure of variability is justified whenever the investigator is not ready to impose, without questioning, the convenient world of normality. This makes the GMD of critical importance in the complex research of statisticians, economists, econometricians, and policy makers. This book focuses on imitating analyses that are based on variance by replacing variance with the GMD and its variants. In this way, the text showcases how almost everything that can be done with the variance as a measure of variability, can be replicated by using Gini. Beyond this, there are marked benefits to utilizing Gini as opposed to other methods. One of the advantages of using Gini methodology is that it provides a unified system that enables the user to learn about various aspects of the underlying distribution. It also provides a systematic method and a unified terminology. Using Gini methodology can reduce the risk of imposing assumptions that are not supported by the data on the model. With these benefits in mind the text uses the covariance-based approach, though applications to other approaches are mentioned as well.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

549

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461447208

ISBN 13

9781461447207

The Costs of Taxation and the Marginal Cost of Funds

By: Mr.Joel Slemrod,Shlomo Yitzhaki

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Costs of Taxation and the Marginal Cost of Funds

By: Mr.Joel Slemrod,Shlomo Yitzhaki

It is argued that taxation causes three kinds of deadweight losses and two types of direct costs. The deadweight losses arise from substitution, evasion, and avoidance activities while the direct costs are administrative and compliance costs. Some of these social costs tend to be discontinuous and/or nonconvex. Because most models of taxation ignore some components of the social costs of taxation, their conclusions cannot be of a general nature. An alternative approach to policy evaluation is to rely on a marginal efficiency cost of funds rule which can indicate appropriate directions of reforms. The paper discusses its merits, applicability, and limitations, as well as its relationship to other concepts.

Average ratings

N/A