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Poverty and Welfare Measurement on the Basis of Prospect Theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - CESifo - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …
Persistent link: https://www.econbiz.de/10010607471
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The Application of the Capability Approach to High-Income OECD Countries: A Preliminary Survey
Volkert, Jürgen; Schneider, Friedrich - CESifo - 2011
-being in affluent countries. It focuses on CA applications related to general well-being, inequalities, poverty and human …
Persistent link: https://www.econbiz.de/10008853849
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - CESifo - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008671708
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Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries
Samargandi, Nahla; Fidrmuc, Jan; Ghosh, Sugata - CESifo - 2014
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
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Broadband Infrastructure and Economic Growth
Czernich, Nina; Falck, Oliver; Kretschmer, Tobias; … - CESifo - 2009
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...
Persistent link: https://www.econbiz.de/10008572478
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Ageing and Productivity Growth: Are there Macro-level Cohort Effects of Human Capital?
Werding, Martin - CESifo - 2008
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10005406417
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Subjective and Objective Indicators of Racial Progress
Stevenson, Betsey; Wolfers, Justin - CESifo - 2013
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well]being...
Persistent link: https://www.econbiz.de/10010636596
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Nineteenth Century Black and Mulatto Physical Activity, Calories, and Life Expectancy
Carson, Scott A. - CESifo - 2014
Using data from late 19th and early 20th century US prisons, this study considers how black and mulatto basal metabolic rates and calories varied with economic development. During the 19th century, black physical activity and net nutrition declined during the late 19th and early 20th centuries...
Persistent link: https://www.econbiz.de/10010877689
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Nineteenth Century White Physical Activity and Calories: Socioeconomic Status and Diets
Carson, Scott A. - CESifo - 2014
Using data from late 19th and early 20th century US prisons, this study estimates the basal metabolic rates and calories for Americans of European descent. Throughout the 19th century, white basal metabolic rates (BMRs) and calories declined across their respective distributions, and much of the...
Persistent link: https://www.econbiz.de/10010877756
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A Behaviour-based Approach to the Estimation of Poverty in India
Almås, Ingvild; Kjelsrud, Anders; Somanathan, Rohini - CESifo - 2013
Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty …
Persistent link: https://www.econbiz.de/10010877856