This paper proposes an alternative formulation for the Sen-Shorrocks index of poverty intensity for survey data with sampling weights, and decomposes the Sen-Shorrocks index into the poverty rate, the average poverty gap ratio among the poor, and the overall Gini index of poverty gap ratios....

This paper uses estimates of the Sen-Shorrocks-Thon measure of poverty intensity in Canadian provinces, and the 95% confidence interval surrounding such estimates, for 1984, 1989 and 1991-1996 to compare Canadian provinces over time and internationally. Coinciding with more general social...

Using an extended Fama-French model for REIT returns, we examine how the net impact of the COVID-19 pandemic differs from that of recessions. We find that, as anticipated, recessions have a negative net impact on office and residential REIT returns but that the COVID-19 pandemic has a positive...

The rate of incarceration has increased dramatically in the U.S. since 1980. We explore the implications of this increased incarceration on national poverty measurement using micro data for the period 1979-1997. We make use of an as-yet unexplored data set on prisoner earnings, in conjunction...

How do firms adjust prices in the marketplace? Do they tend to adjust prices infrequently in response to changes in market conditions? If so, why? These remain key questions in macroeconomics, particularly for central banks that work to keep inflation low and stable. The authors use the Bank of...

We hypothesize that an individual?s time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...

This paper argues that public holidays facilitate the co-ordination of leisure time but do not constrain the annual amount of leisure. Public holidays therefore have benefits both in the utility of leisure on holidays and (by enabling people to maintain social contacts more easily) in increasing...

The core hypothesis of this paper is that an individuals time use choices may be contingent on the time use choices of others, because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop this idea using a...