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Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...
Persistent link: https://www.econbiz.de/10012389658
When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not twice as much due to the economies of...
Persistent link: https://www.econbiz.de/10012269924
Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic well-being income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...
Persistent link: https://www.econbiz.de/10010290104
Persistent link: https://www.econbiz.de/10011652755
The purpose of this paper is to review recent data made available through the Luxembourg Income Study (LIS) that include expenditures and asset valuations. The LIS data are augmented with comparable data from the U.S. Consumer Expenditure Survey. The surveys with expenditure data are reviewed in...
Persistent link: https://www.econbiz.de/10010335576
When developing anti-poverty policies, policy makers need accurate data on the prevalence of poverty. In this paper, we focus on subjective poverty, a concept which has been largely neglected in literature, yet remains a conceptually appealing way to define poverty. The primary goal of this...
Persistent link: https://www.econbiz.de/10012590197
When developing anti-poverty policies, policymakers need accurate data on the prevalence of poverty. In this paper, we focus on subjective poverty, a concept which has been largely neglected in the literature, though it remains a conceptually appealing way to define poverty. The primary goal of...
Persistent link: https://www.econbiz.de/10012623963
When developing anti-poverty policies, policymakers need accurate data on the prevalence of poverty. In this paper, we focus on subjective poverty, a concept which has been largely neglected in the literature, though it remains a conceptually appealing way to define poverty. The primary goal of...
Persistent link: https://www.econbiz.de/10012624839
The dual economy development models hold minimum wages (among other institutions) accountable for persistent dualism. We use 12 years of micro data on thousands workers in Costa Rica to test whether legal minimum wages have a differential impact on wages in the formal sector vs. informal sector,...
Persistent link: https://www.econbiz.de/10010261786
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country?s large uncovered sector and complex...
Persistent link: https://www.econbiz.de/10010261907