Parametric and Nonparametric Approaches to Price and Tax Reform

Parametric and non-parametric approaches to price and tax reform

In many public policy problems, we need to estimate the way in which policy changes affect people’s behavior. In the analysis of tax and subsidy reform, which is the topic of this paper, we need to know how tax-induced price changes affect the amounts that people buy of the taxed goods. We present various economic and statistical approaches to obtaining the estimates that are required. We consi...

Bayesian Nonparametric and Parametric Inference

This paper reviews Bayesian Nonparametric methods and discusses how parametric predictive densities can be constructed using nonparametric ideas.

Population Pharmacokinetic Models: Parametric and Nonparametric Approaches

Population modeling seeks to evaluate the contributions of interindividual and intraindividual variability, based on the raw subject data and the assay error, and to describe the findings in terms that are useful both for research and for optimal patient care. With parametric models, the probability distributions of each PK/PD parameter are described in terms of other parameters such as means a...

A Comparative Study Of Parametric And Nonparametric Regressions

Tax Reform and Poverty

The tax system has a pervasive impact on poverty, both directly through its role in the distribution of society’s resources and indirectly through its effects on the incentives for economic decisions like working and saving. The two most important facets of the tax system for low-income families are payroll taxes and the Earned Income Tax Credit (EITC), the former of which levies a tax on earne...