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This paper re-examines the roles of changes in income and inequality in poverty reduction. The study provides estimates of the relative effects of inequality reduction versus growth promotion in reducing poverty for countries with different levels of initial poverty. The analysis uses country...
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Introduction -- Measuring inequality of opportunities: the human opportunity index -- Opportunities for children in Africa--recent evidence -- Progress toward opportunities for all -- Unpacking inequality: how do circumstances matter for opportunities? -- Comparing opportunities--across...
Persistent link: https://www.econbiz.de/10011394062
This paper quantifies the contributions of different factors to poverty reduction observed in Bangladesh, Peru and Thailand over the last decade. In contrast to methods that focus on aggregate summary statistics, the method adopted here generates entire counterfactual distributions to account...
Persistent link: https://www.econbiz.de/10011395484
Demographics, labor income, public transfers, or remittances: Which factor contributes the most to observed reductions in poverty? Using counterfactual simulations, this paper accounts for the contribution labor income has made to the observed changes in poverty over the past decade for a set of...
Persistent link: https://www.econbiz.de/10011395698
Focusing on the welfare of the less well off as a measure of real societal progress is the fundamental principle underlying the WBG indicator of "shared prosperity", namely income growth of the bottom 40 percent in every country. This paper uses a database assembled by the World Bank Group to...
Persistent link: https://www.econbiz.de/10011395925
This paper studies the relationship between inequality of opportunity and development outcomes in a cross-country setting. Scholars have long debated the impact of inequality on growth, development, and the quality of institutions in a society. The empirical relationships are however confounded...
Persistent link: https://www.econbiz.de/10011396006
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This paper presents an incidence analysis of both social spending and taxation for seven Latin American countries, the United Kingdom, and the United States. The analysis shows that Latin American countries are headed de facto toward a minimalist welfare state similar to the one in the United...
Persistent link: https://www.econbiz.de/10010521155