Showing 1 - 10 of 76
This paper examines the redistributional function of queues. A system in which subsidies and queues are used to allocate goods may appear attractive to policy makers who are concerned about equity since the resource used in queuing (time) is generally allocated more equally than, say, human or...
Persistent link: https://www.econbiz.de/10010604931
countries, with emphasis on the role of income inequality.  The focus is on the period since the early-mid-1990s when growth in …-growth story.  While in the majority of countries, growth was the major factor behind falling or increasing poverty, inequality …, high initial levels of inequality limit the effectiveness of growth in reducing poverty while growing inequality reduces …
Persistent link: https://www.econbiz.de/10011004323
Most recent studies on poverty and inequality in developed countries focus on income. In contrast, this paper presents … trends in consumption-based poverty and inequality in nine member countries of the European Union. During the 1980s, both … poverty and inequality increased in Italy, France, the United Kingdom, Germany and Belgium, while decreases in both poverty …
Persistent link: https://www.econbiz.de/10010604880
rise in inequality of income that occured in Chine over those seven years. The Gini coefficient of household income per … for the rise in inequality are economic growth and economic transition. …
Persistent link: https://www.econbiz.de/10005047779
This paper attempts to analyse certain significant aspects of increasing income inequality in China in the nineteen …
Persistent link: https://www.econbiz.de/10005047798
The paper contrasts early theories of the utility function (starting with Bentham and elaborated by Jevons) with the modern theory (laid down by Fisher and Samuelson).  The former include in the utility function not only the sensation of current events but also the memory of past events and the...
Persistent link: https://www.econbiz.de/10011004132
Econometric analyses of European datasets suggest that income aspirations increase with current income.  This finding is consistent with the adaptation hypothesis - the notion that individual aspirations adjust to reflect personal circumstances and living conditions.  We add to these existing...
Persistent link: https://www.econbiz.de/10011004220
Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster - enters the...
Persistent link: https://www.econbiz.de/10010605202
The paper uses an appropriate survey from rural China to answer the question: Is happiness infectious, i.e. does the happiness of an individual depend positively on the happiness of their reference group?  The evidence is consistent with this hypothesis, but the challenge is to solve the...
Persistent link: https://www.econbiz.de/10004963327
A specially designed household survey for rural China is used to analyse the determinants of aspirations for income, proxied by reported minimum income need, and the determinants of subjective well-being, both satisfaction with life and satisfaction with income.  It is found that aspiration...
Persistent link: https://www.econbiz.de/10008495344