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value judgment that inequality and insecurity do not matter, the paper demonstrates that a better measure of “command over …
Persistent link: https://www.econbiz.de/10005481840
In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...
Persistent link: https://www.econbiz.de/10005650207
people at the lower end of income distribution will graduate into the middle class category. The increase in poverty rates …
Persistent link: https://www.econbiz.de/10010479967
Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard … is as true in Canada as it is in almost all of the other rich countries where inequality has risen. In this paper I tell … two stories about inequality – one from the perspective of those who feel it is not a problem worth the worry, and the …
Persistent link: https://www.econbiz.de/10011732002
finds that the main factor contributing to poverty reduction has been individuals' changes in labor earnings, and the role … of these changes has been less important in reducing income inequality. The main driving force of reduced income … inequality has been the fall in returns to education, which at the same time has been one of the important factors to …
Persistent link: https://www.econbiz.de/10011457826
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
a day. Although they are above the average poverty line for developing countries, many people in these new â …€œmiddle classes†may be insecure and at risk of falling into poverty. This paper outlines indicative data on trends relating to … poverty and the non poor by different expenditure groups, and critically reviews the recent literature that contentiously …
Persistent link: https://www.econbiz.de/10011133260
Is the extreme poverty line a good measure of food insecurity and nutritional status? It is said that an individual who … is above the extreme poverty line has enough resources to achieve a basic food basket. In Peru, extreme poverty has … in Peru, after controlling by income turn down (in other words, the raise of extreme poverty)? Although this topic has …
Persistent link: https://www.econbiz.de/10010842561
This paper uses household surveys from 13 developing countries to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the middle classes defined as those whose daily consumption per capita is between $2 and $4 or...
Persistent link: https://www.econbiz.de/10014221786
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10012955656