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Short-lived shocks with long-lived impacts? - household income dynamics in a transition economy

Lokshin, Michael; Ravallion, Martin - Economics Research, World Bank Group - 2000

In theory, it is possible that the persistent poverty that has emerged in many transition economies, is attributable to underlying, non-convexities in the dynamics of household incomes - such that a vulnerable household will never recover from a sufficiently large, but short-lived shock to its...

Persistent link: https://www.econbiz.de/10005128740

What can new survey data tell us about recent changes in distribution and poverty?

Ravallion, Martin; Chen, Shaohua - Economics Research, World Bank Group - 1996

-93, though experiences differed across regions and countries. There was no general tendency for inequality or polarization to …

Persistent link: https://www.econbiz.de/10005128755

Survey nonresponse and the distribution of income

Korinek, Anton; Mistiaen, Johan A.; Ravallion, Martin - Economics Research, World Bank Group - 2005

different incomes are not equally likely to participate. They discuss poverty and inequality measurement implications for … monotonically as income rises. Correcting for non-response appreciably increases mean income and inequality, but has only a small …

Persistent link: https://www.econbiz.de/10005128809

Household welfare impacts of China's accession to the World Trade Organization

Chen, Shaohua; Ravallion, Martin - Economics Research, World Bank Group - 2003

household-level data imposing minimum aggregation. The authors find negligible impacts on inequality and poverty in the …

Persistent link: https://www.econbiz.de/10005128962

Who wants to redistribute? Russia's tunnel effect in the 1990's

Ravallion, Martin; Lokshin, Michael - Economics Research, World Bank Group - 1999

It seems natural to expect the rich to oppose policies to redistribute income from the rich to the poor, and the poor to favor such policies. But this may be too simple a model, say the Authors. Expectations of future welfare may come into play. Well-off people on a downward trajectory may well...

Persistent link: https://www.econbiz.de/10005129067

Subjective economic welfare

Ravallion, Martin; Lokshin, Michael - Economics Research, World Bank Group - 1999

Paradoxically, when economists analyze a policy's impact on welfare they typically assume that people are the best judges of their own welfare, yet resist directly asking them if they are better off. Early ideas of"utility"were explicitly subjective, but modern economists generally ignore...

Persistent link: https://www.econbiz.de/10005129165

Can high-inequality developing countries escape absolute poverty?

Ravallion, Martin - Economics Research, World Bank Group - 1997

Do the poor face the same prospects for escaping poverty in high-inequality developing countries as in low-inequality … countries? Is it possible for inequality to be so great as to stifle prospects of reducing absolute poverty, even when other … distribution does affect how much the poor share in rising average incomes. Higher initial inequality tends to reduce growth …

Persistent link: https://www.econbiz.de/10005134154

In measuring aggregate"social efficiency"

Ravallion, Martin - Economics Research, World Bank Group - 2003

Cross-country comparisons of social indicators controlling for income and/or social spending have been widely used to measure and explain"social efficiency"analogously to"technical efficiency"in production. The author argues that these methods are clouded in ambiguities about what exactly is...

Persistent link: https://www.econbiz.de/10005134219

Externalities in rural development - evidence for China

Ravallion, Martin - Economics Research, World Bank Group - 2002

The author tests for external effects of local economic activity on consumption and income growth at the farm-household level using panel data from four provinces of post-reform rural China. The tests allow for non-stationary fixed effects in the consumption growth process. Evidence is found of...

Persistent link: https://www.econbiz.de/10005134266

Targeted transfers in poor countries : revisiting the tradeoffs and policy options

Ravallion, Martin - Economics Research, World Bank Group - 2003

Two tradeoffs have been widely seen to severely constrain the scope for attacking poverty using redistributive transfers in poor countries: an equity-efficiency tradeoff and an insurance-efficiency tradeoff. The author provides a critical overview of recent theoretical and empirical work that...

Persistent link: https://www.econbiz.de/10004989853