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In 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 …
Persistent link: https://www.econbiz.de/10008765909
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …
Persistent link: https://www.econbiz.de/10010440430
status driven utility function reconciles the conflict between income based and nutrition based measures of poverty. …The existing literature on poverty has discussed about the conflict between income-based measure and nutrition …-based measure. However, the role of social inequality in influencing individual’s consumption and inducing greater consumption of …
Persistent link: https://www.econbiz.de/10009323226
us to ask whether standard classes of utility functions, such as those inspired by Kihlstrom and Mirman [15], Selden [26 …
Persistent link: https://www.econbiz.de/10013138388
us to ask whether standard classes of utility functions, such as those inspired by Kihlstrom and Mirman [15], Selden [26 …
Persistent link: https://www.econbiz.de/10008748230
integrate various strands of literature on status effects. -- inequality ; inter-temporal consumer choice ; utility ; poverty …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 …
Persistent link: https://www.econbiz.de/10009545463
. Inequality and poverty changes were not affected by imputation. We took advantage of the methodology proposed to input rents and … methods. In 2015, 2.5 per cent of the sample had per capita incomes imputed, resulting in slightly higher levels of inequality …
Persistent link: https://www.econbiz.de/10011921416
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …
Persistent link: https://www.econbiz.de/10012008734
We investigate the impact of the COVID-19 pandemic on income levels, poverty, and inequality in both the immediate … remained incomplete and was unevenly spread over the population even 22 months after the start of the pandemic. Poverty more … than doubled during the lockdown and even after almost two years was slightly higher than before the pandemic. Inequality …
Persistent link: https://www.econbiz.de/10013380686
social indicators, such as GDP growth, labour market outcomes, and poverty and inequality, for the period since the fall of … productivity. Total FDI has had only limited effects on inequality and poverty, but FDI from Germany and Austria has been found to … reduce both inequality and poverty, likely because they have benefitted mainly lower-income persons. There are differences in …
Persistent link: https://www.econbiz.de/10013455863