Showing 1 - 10 of 51
Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of … income support and tax credits not been implemented. These reforms have also contributed to substantially reduce poverty …
Persistent link: https://www.econbiz.de/10013158046
We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but … policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty … reductions based on the standard that President Johnson set. To fill this gap, we develop a Full-income Poverty Measure with …
Persistent link: https://www.econbiz.de/10012844816
This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two dierent scenarios for its … 2020, the pandemic (and the observed private and policy responses) has generated at least 68 million additional poverty …
Persistent link: https://www.econbiz.de/10012826740
analyses of low-income populations. We focus on the Current Population Survey (CPS), the source of official poverty and … understates the effects of anti-poverty programs and changes our understanding of program targeting, often making it seem that … data rather than survey data alone, the poverty reducing effect of all programs together is nearly doubled while the effect …
Persistent link: https://www.econbiz.de/10012948645
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries … analysis, it is done by using the Shapley value. Estimates of the poverty reduction impact are presented in a normalized and un …
Persistent link: https://www.econbiz.de/10013324791
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10013325022
poverty status of the Vietnamese households, and then simulated the impact of cash transfer programs by the government of … Vietnam on the income and poverty status of households. Our simulations suggest that COVID-19 leads to substantial reduction …-poor and helps bring about 1.2 million people out of poverty. The transfers would be particularly pro-poor for ethnic minority …
Persistent link: https://www.econbiz.de/10012548129
Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring these insights into the debates about comparative support for government responses to the COVID-19 pandemic. We fill in this gap by analyzing rich survey data from six countries...
Persistent link: https://www.econbiz.de/10012303668
pandemic reduced household income, increased the poverty rate, and worsened wage equality. It increased the proportion of below …
Persistent link: https://www.econbiz.de/10013433464
The COVID-19 pandemic has wrought havocs on economies around the world. Yet, much needs to be learnt on the distributional impacts of the pandemic. We contribute new theoretical and empirical evidence on the distributional impacts of the pandemic on different income groups in a multi-country...
Persistent link: https://www.econbiz.de/10013414149