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Distributional data analysis is a branch of nonparametric statistics that is related to functional data analysis.It is concerned with random objects that are probability distributions, i.e., the statistical analysis of samples of random distributions where each atom of a sample is a distribution.
In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). [1]
Financial econometrics is the application of statistical methods to financial market data. [1] Financial econometrics is a branch of financial economics, in the field of economics. Areas of study include capital markets, [2] financial institutions, corporate finance and corporate governance. Topics often revolve around asset valuation of ...
In addition, monetary factors affect income distribution and economic growth. Income distribution is a nominal variable and economic growth is an actual variable. The concept of currency neutrality may apply in economic-growth research; while studying income distribution, currency factors are important and cannot be ignored.
President Nixon's "Quality of Life" program involved such review, and President Ford's Executive Order 11821 in 1974 required agencies to prepare inflation/economic impact statements. A predecessor office had existed at Office of Management and Budget , OMB, an agency within the Executive Office of the President for many years; from 1977 to ...
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". [1] Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning ...
Income distribution has always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith , Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production , land, labour and capital.
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.