Showing 1 - 10 of 18
This paper offers a micro-founded general definition of poverty set in the context of utility theory. Poverty and non-poverty …
Persistent link: https://www.econbiz.de/10005113538
-oriented analysis. This paper examines empirical strategies to measure poverty and inequality in multiple domains, concentrating on two …
Persistent link: https://www.econbiz.de/10005609386
In a choice model of risky assets the role of risk aversion is analyzed. The measure of risk preference comes from a direct subjective survey question and it is considered as an imperfect information about the true risk attitude of investors. Misclassification between the true and the observed...
Persistent link: https://www.econbiz.de/10005111556
This paper examines different approaches to the measurement of multidimensional inequality and poverty. First, it … treatment in poverty measurement. Finally, it reviews the axiomatic approach to inequality analysis. The paper provides a …
Persistent link: https://www.econbiz.de/10011099670
exclusion and poverty. The aim of this paper is to present and analyze the main measures of over-indebtedness used in the … of over-indebtedness are subsequently compared with the measures of poverty in order to disentangle the relationship …
Persistent link: https://www.econbiz.de/10011105123
The paper reviews the theory of the measurement of poverty. The axiomatic theory is described and the axiomatic … properties of poverty indexes are related to assumptions on the functional form of the poverty index function. The notion of … poverty ordering is then introduced and followed by a review of the relations between the poverty orderings than can be …
Persistent link: https://www.econbiz.de/10005113654
Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also … depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of … household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset-poverty …
Persistent link: https://www.econbiz.de/10008626024
The paper proposes a two-country general equilibrium model of endogenous growth and trade between two regions, North and South, with different environmental standards. Pollution is a by-product of consumption and in order to abate it the northern region unilaterally imposes a green tax on...
Persistent link: https://www.econbiz.de/10008582227
After the crisis, from 2008 to 2010 the share of indebted households decreased both owing to a reduction in loan demand and stricter supply conditions. The reduction regarded mortgages and involved low-income households and the self-employed. Recourse to consumer credit remained stable; it...
Persistent link: https://www.econbiz.de/10011100340
Half a decade of crisis has had a substantial impact on the market for credit to Italian households. From 2008 through 2012 the share of indebted households decreased by 4 percentage points, to 23 per cent; among young households it fell by 12 points. The decline involved consumer credit and...
Persistent link: https://www.econbiz.de/10011100365