Showing 1 - 10 of 2,917
A number of economic studies have used a proxy for world real economic activity derived from shipping costs. This … with world output, and ability to predict commodity prices. I conclude that measures derived from world industrial …
Persistent link: https://www.econbiz.de/10012479728
This paper exploits a data rich environment to provide direct econometric estimates of time-varying macroeconomic uncertainty, defined as the common volatility in the unforecastable component of a large number of economic indicators. Our estimates display significant independent variations from...
Persistent link: https://www.econbiz.de/10012459206
constant correction to survey-derived inequality estimates. Underreporting of income by the bottom 50% of the world income … distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty …
Persistent link: https://www.econbiz.de/10014512057
standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines … falling incidence of poverty globally over the last 30 years. This is mainly due to lower absolute poverty counts in the …
Persistent link: https://www.econbiz.de/10012480155
poverty incidence, but more slowly for the upper bound. Either way, the developing world has a higher poverty incidence but is … making more progress against poverty than the developed world …The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also …
Persistent link: https://www.econbiz.de/10012453972
World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 … of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in …
Persistent link: https://www.econbiz.de/10012463216
used to measure poverty, grows less rapidly than consumption measured in national accounts, in the world as a whole, and in … statistical procedures in poor countries understate the rate of global poverty reduction, and overstate growth in the world …The extent to which growth reduces global poverty has been disputed for 30 years. Although there is better data than …
Persistent link: https://www.econbiz.de/10012468876
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen … person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We …
Persistent link: https://www.econbiz.de/10012469810
The traditional approach to poverty measurement puts no explicit weight on success at increasing the typical level of … available surveys for the developing world over 1981-2011, the expected value of the floor is about half the $1.25 a day poverty … value of the floor, allowing for transient effects and measurement errors in survey data. On using all suitable and …
Persistent link: https://www.econbiz.de/10012457875
The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...
Persistent link: https://www.econbiz.de/10014247965