Showing 1 - 10 of 8,255
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies …
Persistent link: https://www.econbiz.de/10013000535
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...
Persistent link: https://www.econbiz.de/10013052680
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/10013150544
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the … measurement and identification difficulties, and despite conflicting evidence on some issues, empirical work based on country case …
Persistent link: https://www.econbiz.de/10013223891
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen …, the Theil index and the coefficient of variation. All indexes show a reduction in global income inequality between 1980 …
Persistent link: https://www.econbiz.de/10013230367
This paper compares investor sentiment measures based on consumer confidence surveys with measures extracted from the closed-end fund discount (CEFD). Our evidence suggests that these two kinds of sentiment measures do not correlate well with one another. For a short 2 - 4 year period in which...
Persistent link: https://www.econbiz.de/10012762583
quality change) in the construction of price indices and, by extension, in the measurement of economic performance. The … staggering 55% per year (on average) over the first decade of the technology. By contrast, an hedonic-based index captures just a … small fraction of the decline, and a simple (unadjusted) price index shows a substantial price increase over the same period …
Persistent link: https://www.econbiz.de/10012751944
difficult, involving two types of problems. Commonly used indices, such as the Consumer Price Index (CPI), contain both …
Persistent link: https://www.econbiz.de/10013231567
widely used techniques: (a) index numbers, (b) data envelopment analysis, and three parametric methods, (c) instrumental …
Persistent link: https://www.econbiz.de/10013220963
living. This paper develops a framework for studying measurement problems in the consumer price index and systematically …A number of analysts have claimed recently that the consumer price index overstates the annual increase in the cost of … show how better to measure medical care prices, the paper presents a prototypical price index for cataract surgery. This …
Persistent link: https://www.econbiz.de/10013324463