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The claim that social protection is a luxury good-with a national income elasticity exceeding unity-has been influential. The paper tests the "luxury good hypothesis" using newly-assembled data on social protection spending across countries since 1995, treating the pandemic period separately, as...
Persistent link: https://www.econbiz.de/10013415169
Persistent link: https://www.econbiz.de/10003134463
Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that...
Persistent link: https://www.econbiz.de/10014101843
Persistent link: https://www.econbiz.de/10003282914
Can self-assessed health (SAH) be relied upon to identify the true socioeconomic gradients in health status? The self-assessed health of Russian adults in 2002 shows remarkably little gradient with respect to economic welfare. We document this finding and assess its robustness to the assumptions...
Persistent link: https://www.econbiz.de/10014062395
The immediate welfare costs of an economywide crisis can be high, but are there also lasting impacts? And are they greater in some geographic areas than others? Ravallion and Lokshin study Indonesia's severe financial crisis of 1998. They use 10 national surveys spanning 1993-2002, each covering...
Persistent link: https://www.econbiz.de/10014067173
If relative deprivation matters to welfare in poor countries as much as it apparently does in rich ones then one would have to question the priority given to economic growth over redistribution in current development policies. We look for evidence in one of the world's poorest countries, Malawi....
Persistent link: https://www.econbiz.de/10012561886
Can self-assessed health be relied on to identify the true socioeconomic gradients in health status? The self-assessed health of Russian adults in 2002 shows remarkably little gradient with respect to economic welfare. The authors document this finding and assess its robustness to the...
Persistent link: https://www.econbiz.de/10012748105
Although poverty lines are widely used as deflators for intergroup welfare comparisons, their internal consistency is rarely given close scrutiny. A priori considerations suggest that commonly used methods cannot be relied on to yield poverty lines that are consistent in terms of utility, or for...
Persistent link: https://www.econbiz.de/10012748207
In theory it is possible that a vulnerable household will never recover from a sufficiently large but short-lived shock to its income - which could explain the persistent poverty that has emerged in many transition economies. But this study for Hungary shows that, in general, households bounce...
Persistent link: https://www.econbiz.de/10012748811