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This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its …
Persistent link: https://www.econbiz.de/10012946491
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
I present a model of mortality and income that integrates the 'gradient,' the negative relationship between income and mortality, with the Wilkinson hypothesis, that income inequality poses a risk to health. Individual health is negatively affected by relative deprivation within a reference...
Persistent link: https://www.econbiz.de/10013246647
It is sometimes argued that poorer people choose to work less, implying less welfare inequality than suggested by observed incomes. Social policies have also acknowledged that efforts differ, and that people respond to incentives. Prevailing measures of inequality (in outcomes or opportunities)...
Persistent link: https://www.econbiz.de/10013018722
the late 1970s. In contrast, bottom income quantiles and poverty rates have converged across areas in recent decades …
Persistent link: https://www.econbiz.de/10014089530
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10013039764
The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also … acknowledge a deep identification problem when the latent norms defining poverty vary systematically across countries. Welfare … model of relative-income comparisons calibrated to data on national poverty lines. Both bounds indicate falling global …
Persistent link: https://www.econbiz.de/10012948912
In this paper we develop an approach to measuring inequality and poverty that recognizes the fact that individuals …
Persistent link: https://www.econbiz.de/10013052511
rural incomes in China. Current literature based on analyses of rural income volatility in China decomposes poverty into … poverty gap attributable to mean income over time being below the poverty line. Resulting estimates of 40-50 % transient … poverty point to the policy conclusion that poverty may be a less serious social problem than it appears in annual data due to …
Persistent link: https://www.econbiz.de/10012778094
childhood (family income and poverty measures, family characteristics including parental education, and child characteristics …
Persistent link: https://www.econbiz.de/10012759867