Ravallion, Martin - In: Econometrics 5 (2017) 4, pp. 1-19
On the presumption that poorer people tend to work less, it is often claimed that standard measures of inequality and … poverty are overestimates. The paper points to a number of reasons to question this claim. It is shown that, while the labor … horizontal inequality. Using equivalent incomes to adjust for effort can reveal either higher or lower inequality depending on …