Jensen’s Inequality

Jensen’s Inequality

Jensen’s Inequality

... Chapter 7 Jensen’s Inequality 7.1 Jensen’s Inequality for Conditional Expectations Lemma 1.23 If ' : IR!IR is convex ... 'IE Y k+1 jF k  = 'Y k : 7.2 Optimal Exercise of an American Call This follows from Jensen’s inequality. Corollary 2.25 Given a convex function g :0;1!IR where g 0 = 0 . For instance, g ... 1 we have (see Fig. 7.2): g x = g x +1,...

Ngày tải lên: 18/10/2013, 03:20

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Gender Inequality and Women’s Empowerment pdf

Gender Inequality and Women’s Empowerment pdf

... advocacy. Gender Inequality and Women’s Empowerment 13 2. Background and Literature Review 2.1. An Overview of Gender Inequality in Developing Countries The issue of gender inequality can be ... of the Ethiopian Demographic and Health Survey 2005 10 stereotyping, and thereby gender inequality – the inequality of opportunity, right, responsibility, role, and access to and control ov...

Ngày tải lên: 05/03/2014, 13:20

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Accounting for the U.S. Earnings and Wealth Inequality by Ana Casta˜neda, Javier D´ıaz-Gim´enez and Jos´e-V´ıctor R´ıos-Rull∗ potx

Accounting for the U.S. Earnings and Wealth Inequality by Ana Casta˜neda, Javier D´ıaz-Gim´enez and Jos´e-V´ıctor R´ıos-Rull∗ potx

... wealth inequality in spite of the disincentives created by the mildly progressive U.S. income and estate tax systems, that are additional explicit features of our model economies. Keywords: Inequality; ... earnings and wealth inequality, that can be used to evaluate the distributional implications of economic policy, is still in the waits. This article: Our theory of earnings and wealth...

Ngày tải lên: 29/03/2014, 20:20

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