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Over the years, money-metric measures of inequality such as the Gini coefficient and the Palma Ratio, as frequently used in Ghana, have become useful in providing quantitative measures of welfare distribution that enable a better understanding of the extent and nature of inequality. From these...
Persistent link: https://www.econbiz.de/10014477461
A natural way of viewing an inequality or a poverty measure is in terms of the vector distance between an actual (empirical) distribution of incomes and some appropriately normative distribution (reflecting a perfectly equal distribution of incomes, or a distribution with the smallest mean that...
Persistent link: https://www.econbiz.de/10010319854
A key aspect defining the contemporary income distribution is the (increasing) share the top holds compared to the rest. This paper shows that income concentration increases towards the very top of the distribution, while the shares the middle- and upper-middle-income groups hold, remain stable...
Persistent link: https://www.econbiz.de/10011418625
This paper aims at measuring and analysing for the first time inequality in the distribution of expenditures among households in Togo according to the characteristics of household heads. The study is based on the most recent survey (QUIBB 2006) and the monetary well-being indicator used is total...
Persistent link: https://www.econbiz.de/10010494227
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys, and macroeconomic balance sheet statistics. We systematically compare estimates of the wealth distribution obtained by direct measurement of net worth, rescaling of reported...
Persistent link: https://www.econbiz.de/10012424032
In the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of...
Persistent link: https://www.econbiz.de/10010319857
The degree of choice households have over their consumption expenditure is critical in deciding their economic class. Applying our measure to Egyptian household budget surveys, we estimate the population size of the middle class in Egypt and assess their well-being in the period 1995-2011. Our...
Persistent link: https://www.econbiz.de/10011418618
A major of focus of global development policy is the aim to achieve and sustain income growth of the bottom 40% (B40) of the population at a rate higher than the national average. We propose an alternative approach to assessing shared prosperity using 'inequality lines'. Analogous to poverty...
Persistent link: https://www.econbiz.de/10015209823
This paper investigates the effects of taxation on income inequality in an unbalanced panel of 45 countries in sub-Saharan Africa over the period 1980-2018. We use instrumentalvariable two-stage least squares and instrumental-variable quantile regression estimates. We find that taxation widens...
Persistent link: https://www.econbiz.de/10014322620
This paper analyses elite incomes around the world, and how international comparisons of elite incomes vary depending on the exchange rate and income concept used. It is well known that between-country income inequality is higher using market exchange rates than purchasing power parity (PPP)...
Persistent link: https://www.econbiz.de/10014322637