This article discusses the impact of structural adjustment on poverty and inequality and overall social welfare in Pakistan over the adjustment decade (1988–99) based on household surveys. It provides an indepth analysis of poverty during the adjustment decade as well as an account of...

In this paper, we introduce a new family of rank-dependent measures of inequality and social welfare consistent with the equality of opportunity (EOp) principle. The proposed framework can be used to measure long-term as well as short-term EOp, depending on whether we let permanent income or...

For many countries the Industrial Revolution was an opportunity for a dynamic economic development, but it was accompanied by deep social changes. Inequali-ties between regions have deepened, pollution has increased and also conjunctural fluctuations have intensified. In contemporary view at the...

El presente artículo intenta dar una visión general de la problemática que plantea la medición del Bienestar Social. Para ello, después de definir el concepto, se indican los diferentes enfoques que se han seguido para su medición y se exponen, a continuación, los distintos métodos de...

The present paper explores the link between poverty as capability deprivation and current life satisfaction. Using German panel data, I examine both whether capability deprivation does hurt and whether individuals eventually adapt. To detect capability deprivation I suggest relying on the...

Das Problem der Altersarmut ist in Deutschland in jüngster Zeit in den sozialpolitischen Fokus gerückt. In starkem Kontrast zu bislang vorliegenden empirischen Arbeiten behauptet ein aktuell veröffentlichtes Gutachten des wissenschaftlichen Beirats beim Bundeswirtschaftsministerium, dass sich...

This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...

Childhood is a crucial period in life. The things that we learn, do, and experience in childhood play a critical role in shaping who we are and who we become, and can leave lasting impressions on our lives for years to come. However, not all children have the same opportunities to enjoy good...

We compute a distribution-adjusted welfare measure that aggregates outcomes in three dimensions of well-being, namely income, employment and longevity. Aggregation weights reflect preferences of people on these dimensions. The welfare measure is calculated for 26 OECD countries and selected...