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The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...
Persistent link: https://www.econbiz.de/10014247965
development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10010522996
distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty …
Persistent link: https://www.econbiz.de/10014512057
political debate surrounding poverty. Policy changes included a radical shift in welfare policy, a sizable expansion in supports … plummeted, work rose dramatically among single parents, and poverty was reduced. At the same time, there are indications that …
Persistent link: https://www.econbiz.de/10012470282
Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both … official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty …, or policy-account for the observed changes in poverty in the two nations and what role could policy play in reducing …
Persistent link: https://www.econbiz.de/10012470471
We have used a unique longitudinal database that incorporates information from diverse administrative and research sources to examine the impact of the early stages of welfare reform on poor working families who do not receive cash assistance. Our data are for 2791 working poor families from...
Persistent link: https://www.econbiz.de/10012472015
We document regularities in the distribution of relative incomes and patterns of investment in countries and over time. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment decisions are affected by distortions. These distortions...
Persistent link: https://www.econbiz.de/10012473450
The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines … falling incidence of poverty globally over the last 30 years. This is mainly due to lower absolute poverty counts in the … standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …
Persistent link: https://www.econbiz.de/10012480155
Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left …
Persistent link: https://www.econbiz.de/10012453055
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/10012453972