Rényi entropy of m-generalized order statistics

Abstract

Characterizing relations via Rényi entropy of m-generalized order statistics are considered along with examples and related stochastic orderings. Previous results for common order statistics are included.     

Einstellungen zur sozialen Mindestsicherung

Within the debate about the future of the welfare state a guaranteed social minimum income is often discussed as an alternative to the current social security system. One objection to such a proposal argues that a social minimum income lacks social acceptance and normative recognition. Starting from the thesis that the standard instruments of survey research have little to offer for giving a detailed account of the attitudes towards a social minimum, we deploy the more complex method of Factorial Survey Design. The study sample consists of 121 employed persons. Within the study, the focus is on the criteria used and the differentiations made when people are asked to evaluate a just minimum income. It can be shown that a uniform and flat-rate social minimum possesses less legitimacy than a transfer system that differentiates entitlements according to the beneficiaries relation to the employment sphere and certain need criteria. In addition, we find support for the idea of low income subsidies as suggested by the negative income concept. Though the results give evidence of the normative attraction of a social minimum, it is also apparent that the social judgments of the respondents are influenced by in the normative principles of the existing social security arrangements.     

Time-Series Evidence on the Nonlinearity Hypothesis for Public Spending

Barro-type endogenous growth models propose a nonmonotonic relationship between productive public spending and growth. Under this so-called nonlinearity hypothesis the size and direction of growth effects due to an increase in public spending depend on the share of public spending in GDP. Employing German time-series data we examine the validity of the nonlinearity hypothesis. We estimate growth effects by using models whose coefficients are allowed to vary with the share of public spending in GDP. Our results support the hypothesis for public consumption but not for public investment data. (JEL H54 , E62 , C22 )     

视觉现代化——现代艺术背后的人类视觉观念(1)

20世纪初所发生的“视觉现代化”(modernising vision)转向源于自19世纪以来传统的视觉概念所发生的深刻变化。它旨在将人们从过时的观看习惯中解放出来,视觉的本质不应主要被理解为给定可见世界的机械再现模式,而应该从根本上被理解为由文化构造的、具有历史多样性的感知数据的生产性过程。现代艺术试图通过艺术品本身来创造一种现代化的视觉形式,艺术作品被定义为实现视觉现代化的手段或工具,画家试图用艺术来表达一种新的视觉观——观看中充斥着时间的流动,而绝不仅是一个明确的视觉顺序的实现;观看不是一个视觉固定化过程,而是更加有意识地、集中地观察世界。从丢勒式的空间中心透视观到塞尚式的时间和空间相结合的多重透视观,后者更加强调了观者的参与和观看的过程,这种观看方式的变化也是人与世界关系的变化。视觉现代化的探讨在今天仍然具有重要的意义⁽²⁾。     

Welche Lohnungleichheiten sind gerecht?Which income inequalities are considered just?

This article examines the reasons for inequalities of earnings in Germany and the extent to which these inequalities are considered to be legitimate. We focus on three major inequality-generating factors derived from labour market and inequality research: individual, firm-specific and structural factors. We then investigate empirically the importance of these factors in the emergence of differences of earnings and the extent to which employees consider the rents of each factor to be just or unjust. Analyses based on data from the German Socio-Economic Panel reveal that wage differentials are considered as just if they can be attributed to individual factors (level of education, professional experience). In contrast, wage differentials due to firm-specific factors (atypical employment, seniority-based pay) and structural factors (certain occupational groups/industries, differences between regions) are the major reasons for perceived earnings injustice. The results of this study will contribute to the debate concerning increasing wage inequalities and reveal that distinguishing between just and unjust inequalities is essential, especially in discussions regarding the social or political consequences of this trend.     

The effect of fast and slow decisions on risk taking

We experimentally compare fast and slow decisions in a series of experiments on financial risk taking in three countries involving over 1700 subjects. To manipulate fast and slow decisions, subjects were randomly allocated to responding within 7 seconds (time pressure) or waiting for at least 7 or 20 seconds (time delay) before responding. To control for different effects of time pressure and time delay on measurement noise, we estimate separate parameters for noise and risk preferences within a random utility framework. We find that time pressure increases risk aversion for gains and risk taking for losses compared to time delay, implying that time pressure increases the reflection effect of Prospect Theory. The results for gains are weaker and less robust than the results for losses. We find no significant difference between time pressure and time delay for loss aversion (tested in only one of the experiments). Time delay also leads to less measurement noise than time pressure and unconstrained decisions, and appears to be an effective way of decreasing noise in experiments.     

Demande et emploi dans les chaînes d'approvisionnement mondiales

L'essor des chaînes d'approvisionnement mondiales (CAM) éloigne l'emploi de la demande, géographiquement et sectoriellement. Pour mieux comprendre le phénomène, les auteurs mesurent l'emploi lié aux CAM selon sa localisation et celle de la demande, en se fondant sur les données de la base WIOD et en complétant les estimations déjà présentées par le BIT. L'analyse porte sur la période 1995–2013 et sur 40 économies. Elle montre que la Chine, principale bénéficiaire de la demande liée aux CAM autrefois, contribue maintenant à l'alimenter, tout comme les relations de production entre économies émergentes. En outre, le poids des services liés à une demande manufacturière augmente.