Showing 1 - 10 of 551
different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle …
Persistent link: https://www.econbiz.de/10012518902
Data show that middle-income households have continued moving down, and less so up, the income distribution in the United States since the 1970s-a phenomenon that is often referred to as the polarization or 'hollowing out' of the income distribution. While the level of income polarization is...
Persistent link: https://www.econbiz.de/10011763599
We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent...
Persistent link: https://www.econbiz.de/10012009340
The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make some populations more vulnerable to shocks. Despite a vast literature on social mobility in advanced economies, little is known about it in African countries, mainly due to data...
Persistent link: https://www.econbiz.de/10012605120
Using micro-data from household expenditure surveys, we document the evolution of consumption poverty in the United … poverty has not declined materially since the 1980s and even increased for the young. We then analyze which social and … economic factors help explain the extent of poverty in the U.S. using probit, tobit, and machine learning techniques. Our …
Persistent link: https://www.econbiz.de/10013170588
Persistent link: https://www.econbiz.de/10009757321
We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data....
Persistent link: https://www.econbiz.de/10014395160
This paper describes the nature and evolution of poverty in Nigeria between 1985 and 1992. It highlights the potential … and welfare. The headcount measure of poverty in Nigeria declined from 43 percent to 34 percent between 1985 and 1992 …. Decomposing the factors causing the reduction in poverty shows that the overall decline of 9 percentage point was the net result …
Persistent link: https://www.econbiz.de/10014401356
There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national income data. However, these data may tell little about the underlying distribution...
Persistent link: https://www.econbiz.de/10014403015
Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an individual's perspective, living standards are higher in...
Persistent link: https://www.econbiz.de/10012518698