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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
The COVID-19 pandemic has wrought havocs on economies around the world. Yet, barely any evidence currently exists on the distributional impacts of the pandemic. We provide the first study that offers new theoretical and empirical evidence on the distributional impacts of the pandemic on...
Persistent link: https://www.econbiz.de/10012831225
are greater among urban households. However, more poor people in India live in villages, so rural poverty impacts are …
Persistent link: https://www.econbiz.de/10012898125
This study investigates the characteristics that contribute to elderly poverty, mainly focusing on individuals …' lifetime work experience. It adopts the heterogeneous relative poverty line which differs by gender, province of residence and … Study's survey data for 2006, 2009, 2012 and 2015. The objective is to estimate poverty amongst elderly and explain its …
Persistent link: https://www.econbiz.de/10012948688
, stable, and non-means-tested benefit. Its main aims are to mitigate poverty and subsequently promote self …
Persistent link: https://www.econbiz.de/10013052195