Showing 1 - 10 of 154
This paper presents data on the evolution of top incomes and wages from 1956 to 2000 in India using individual tax … were in 1956. We argue that this U-shaped pattern is broadly consistent with the evolution of economic policy in India: The … period from 1956 to the early to mid 1980s was also the period of "socialist" policies in India, while the subsequent period …
Persistent link: https://www.econbiz.de/10014075429
We expect a lot from the middle classes. At least three distinct arguments about the special economic role of the middle class are traditionally made. In one, new entrepreneurs armed with a capacity and a tolerance for delayed gratification emerge from the middle class and create employment and...
Persistent link: https://www.econbiz.de/10005237653
This paper uses household survey data form several developing countries to investigate whether the poor (defined as those living under $1 or $2 dollars a day at PPP) and the non poor have different mortality rates in old age. We construct a proxy measure of longevity, which is the probability...
Persistent link: https://www.econbiz.de/10005828728
There are at least two distinct and inconsistent views of poverty. These views, which can be called "poverty as desperation" and "poverty as vulnerability", have different implications about anti-poverty policy. It is important to confront the conflict between them before data can be applied to...
Persistent link: https://www.econbiz.de/10014130142
There are at least two distinct and inconsistent views of poverty. These views, which can be called "poverty as desperation" and "poverty as vulnerability", have different implications about anti-poverty policy. It is important to confront the conflict between them before data can be applied to...
Persistent link: https://www.econbiz.de/10014130187
Persistent link: https://www.econbiz.de/10005573568
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
This paper analyzes the implications of alternative ways to model decision making by families for educational policy. We show that many of the policy implications associated with credit constraints cannot be distinguished from the implications of models of the family that differ from the...
Persistent link: https://www.econbiz.de/10014089177
This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income...
Persistent link: https://www.econbiz.de/10014054888
Growth theory traditionally assumed the existence of an aggregate production function, whose existence and properties are closely tied to the assumption of optimal resource allocation within each economy. We show extensive evidence, culled from the microdevelopment literature, demonstrating that...
Persistent link: https://www.econbiz.de/10014067415