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We derive an explicit formula of the Watts’ poverty index, in terms of parametersof bivariate lognormal distributions … prices and nominal living standards in poverty; interpret the e¤ects on povertyof changes in price distributions; estimate … poverty when only means and variancesof price indices and nominal living standards are known.Using data from peasants in …
Persistent link: https://www.econbiz.de/10009522206
Using parametric formulae under lognormality for a broad family of povertymeasures, we show that when inequality … measured by the Gini coeffcient isconstant, dening the poverty line as a fraction of a central tendency of theliving standard … distribution restricts the evolution of the poverty measuresto be stable... …
Persistent link: https://www.econbiz.de/10005869058
: generateadditional properties for poverty indices; relate the latters to the incidenceof poverty and to an inequality index; enrich the … investigate properties of poverty indices.The method we propose is to exploit credible distributional assumptions to … sensibility analysis of povertyindices; derive new families of relative poverty lines...derived. …
Persistent link: https://www.econbiz.de/10005869191
We derive an explicit formula of the Watts’ poverty index, in terms of parametersof bivariate lognormal distributions … prices and nominal living standards in poverty; interpret the e¤ects on povertyof changes in price distributions; estimate … poverty when only means and variancesof price indices and nominal living standards are known.Using data from peasants in …
Persistent link: https://www.econbiz.de/10005869195
public good is pure, any given, positive level of income inequality can beshown to be socially excessive by suitably … redistribution from the rich tothe poor will improve social welfare, regardless of how small inequality is in the status quo... …
Persistent link: https://www.econbiz.de/10005868577
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10005860064
The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...
Persistent link: https://www.econbiz.de/10009354039
inequality-averseas umpires. A within{subjects analysis shows that about one half became lessinequality-averse, one quarter … became more inequality-averse and one quarterremained unchanged as umpires. In the risk scenario, subjects become onaverage … more inequality-averse in their umpire roles. A within-subjects analysisshows that about half became more inequality …
Persistent link: https://www.econbiz.de/10005866910
We analyze a simple and tractable model of occupational choice in the presence of credit marketimperfections. We examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth distribution, in determining the long-term wealth...
Persistent link: https://www.econbiz.de/10008911474
Institutions that rely on joint liability to facilitate lending to the poor have a long historyand are now a common feature of many developing countries. Economists have proposedseveral theories of joint-liability lending that stress various aspects of its informational andenforcement advantages...
Persistent link: https://www.econbiz.de/10008911480