Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10014475216
This paper examines the changes in social welfare in Singapore using Labour Force Survey data. To study the changes and dominance, both ordinal and cardinal measures are used. By Lorenz Dominance social welfare in Singapore during 1999 is less than in 1991 while unambiguous conclusion cannot be...
Persistent link: https://www.econbiz.de/10005292521
It is easy to demonstrate that Sen's SWF satisfies Pareto criteria. This paper questions the philosophy of this concept and shows that it is possible to formulate a generalized SWF, which can be non-Paretian under special circumstances. This paper also demonstrates a method of decomposition of...
Persistent link: https://www.econbiz.de/10005157517
With a growing old‐age population, ensuring income security for the elderly is becoming an increasingly important element of public policy worldwide. The World Bank report proposed a three‐tier system to avert old‐age crisis, which was extended into a five‐tier system by Holzmann et al....
Persistent link: https://www.econbiz.de/10014136802
The relation between city size and wage inequality is well established for Western countries. This paper finds that city size–wage premium exists across Chinese cities to a lower extent than the Western world. Further, using a simplified model on the Chinese Household Income Project survey...
Persistent link: https://www.econbiz.de/10014127132
The debate that rapid globalization over the past decades is a leading cause of increased income inequality within developed economies has been far from conclusive, including Dorn et al. (2018). We depart from existing studies by extending an earlier empirical framework by Gaston and Rajaguru...
Persistent link: https://www.econbiz.de/10014031610
This study investigates changes in the distribution of body mass for adult Australians between 1995 and 2018. Using three nationally representative health surveys, we first apply the parametric generalised entropy (GE) class of inequality indices to measure the level of disparity in body mass...
Persistent link: https://www.econbiz.de/10014262247
The Social Welfare Function (SWF) is a decision rule to rank alternative social states in a complete fashion in terms of social welfare. This paper questions the philosophy of Paretian Principle as a desirable property of the SWF. It shows that it is possible to generalize the widely used Sen...
Persistent link: https://www.econbiz.de/10005481465
This paper examines the social impact of the recent Asian Economic crisis, drawing on the results of studies in two countries: Singapore and Thailand. The economic crisis had interrupted three decades of steady growth that had been accompanied by remarkable progress in poverty reduction and a...
Persistent link: https://www.econbiz.de/10005644834
Most of the Social Welfare Functions available in the literature are Paretian, that is increase in anybody's income in the society is welfare augmenting. The Sen type social welfare function possesses this property as well. However, Paretianity is normative criteria and might not be accepted by...
Persistent link: https://www.econbiz.de/10005518272