Modeling housing search behavior is a crucial component of land use modeling. Land use modeling from a specific point of view shares close ties with the transport system. As a result, housing search behavior has become an attractive research topic to travel demand modelers and continues to be a topic of interest to urban planners, geographers, and economists. This paper presents a conceptual fr...

Top income inequality has risen sharply in the United States over the last 30 years but remained low and stable in economies like France and Japan. Why? This paper explores three theoretical mechanisms that endogenize the amount of top income inequality. The first model suggests that the rate of growth of top incomes is a key determinant. A rise in the returns to experience or an increase in ef...

The rising growth of the GSM cellular phone industry has tightening competition level between providers in making strategies enhancing the market shares in Indonesia. Tsel, as one of those companies, has to determine the proper strategy to sustain as well as improve the market share without reducing its operational income level. Portfolio simulation model is designed with a dynamic system appro...

We use a new Australian longitudinal income tax dataset, Alife, covering 1991–2017, to examine levels and trends in the persistence top-income group membership, focussing on top 1%. summarize multiple ways, documenting rates of remaining groups; re-entry top; changes associated with transitions; we also compare for annual ‘permanent’ incomes. Regardless perspective taken, increased markedly ove...

We use a new Australian longitudinal income tax dataset, Alife, covering 1991–2017, to examine levels and trends in the persistence top-income group membership, focussing on top 1%. summarize multiple ways, documenting rates of remaining groups; re-entry top; changes associated with transitions; we also compare for annual ‘permanent’ incomes. Regardless perspective taken, increased markedly ove...

Differential unit non-response in household wealth surveys biases estimates of top tail wealth shares downward. Using Monte Carlo evidence, I show that adding only a few extreme observations to wealth surveys is sufficient to remove the downward bias. Combining extreme wealth observations from Forbes World’s billionaires with the Survey of Consumer Finances, the Wealth and Assets survey and the...

Recent trade data exhibit the following four empirical regularities: (i) countries import only a small fraction of all traded varieties (ii) per capita income and the number of imported varieties correlate positively (iii) per capita income and trade shares correlate positively and, finally, (iv) world trade shares have increased substantially. The present paper argues that standard theories fa...

The paper analyzes the relation between growth and income inequality in the US during the post-war years (1953–2008). We show that the income of the top income groups is more sensitive to growth, defined broadly as current growth and changes in expectations of future growth, compared to the income of the lower income groups. We provide evidence that this increased sensitivity arises for two rea...