Publications
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58 publications found, searching for 'Thomas Masterson '
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Working Paper No. 568
June 04, 2009
Distributional Impact of the American Recovery and Reinvestment Act
AbstractOver the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket; without intervention, the recession that began in December 2007 was likely to exacerbate this trend. Will the American Recovery and Reinvestment Act of 2009 (ARRA) be able to […]
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Research Project Report
April 09, 2009
New Estimates of Economic Inequality in America, 1959—2004
AbstractIn this latest LIMEW report, the authors present new evidence on the pattern of economic inequality in the United States that indicates higher inequality in 2004 than in 1959. According to the LIMEW, there was a surge in inequality between 1989 and 2000 that reflects the large increase in income from wealth for the top […]
Download LIMEW Report, April 2009 PDF (434.52 KB) -
Research Project Report
February 19, 2009
What Are the Long-Term Trends in Intergroup Economic Disparities?
AbstractOver the last half century, government policy has had an important hand in alleviating disparities among population subgroups in the United States; for example, special tax treatment for families with children has meant an improvement in the well-being of single mothers, and Medicare and Social Security have been the driving force in improving well-being among […]
Download LIMEW Report, February 2009 PDF (430.00 KB) -
Research Project Report
February 03, 2009
Postwar Trends in Economic Well-Being in the United States,1959–2004
AbstractThe Levy Institute Measure of Economic Well-Being (LIMEW) is a more comprehensive measure than either gross money income or extended income because it includes estimates of public consumption and household production, as well as the long-run benefits from the ownership of wealth. As a result, it provides a picture of economic well-being in the United […]
Download LIMEW Report, February 2009 PDF (639.69 KB) -
Working Paper No. 556
January 29, 2009
Long-Term Trends in the Levy Institute Measure of Economic Well-Being (LIMEW), United States, 1959–2004
AbstractThe motivation to construct the LIMEW in lieu of relying on the official measures of well-being is to provide a more comprehensive measure of economic inequality that will also show the disparities among key demographic groups. The authors of this new working paper show that the LIMEW provides a perspective on disparities among population subgroups […]
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Working Paper No. 550
November 20, 2008
An Empirical Analysis of Gender Bias in Education Spending in Paraguay
AbstractGender affects household spending in two areas that have been widely studied in the literature. One strand documents that greater female bargaining power within households results in a variety of shifts in household production and consumption. An important source of intrahousehold bargaining power is ownership of assets, especially land. Another strand examines gender bias in […]
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Working Paper No. 535
May 13, 2008
Statistical Matching Using Propensity Scores
AbstractThis paper summarizes the background, type, logic, and working procedure of the statistical matching used in the Levy Institute Measure of Economic Well-Being (LIMEW) project to combine the various data sets used to produce the synthetic data set with which the LIMEW is constructed. The authors use the match between the 2001 Survey of Consumer […]
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Working Paper No. 504
July 05, 2007
Female Land Rights, Crop Specialization, and Productivity in Paraguayan Agriculture
AbstractPrevious work has shown a pattern of lower household incomes for those Paraguayan farms with female landowners in the household. The study of agricultural production reveals that Paraguayan women specialize in livestock and dairy production, while men specialize in crop production. An analysis of crop specialization and crop yields finds no significant differences in yields […]
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Working Paper No. 491
February 22, 2007
Land Rental and Sales Markets in Paraguay
AbstractThis paper examines the claim that the land rental market can be an effective means of redistributing access to, if not ownership of, land to the rural poor, using Paraguay as our model. The land sales market is also examined. The land rental market in Paraguay’s rural areas is found to be very thin, due […]
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Working Paper No. 490
February 21, 2007
Productivity, Technical Efficiency, and Farm Size in Paraguayan Agriculture
AbstractThis essay assesses the relationship between farm size and productivity. Both parametric and nonparametric methods are used to derive efficiency measures. Smaller farms are found to have higher net farm income per hectare, and to be more technically efficient, than larger farms.
Download Working Paper No. 490 PDF (621.06 KB)