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Unlike aversion to inequality, aversion to poverty resists formalization in welfare economics. One way to assign … valued welfare measure. It proposes a lexicographic L*-ordering, where the first rank criterion corresponds to an inequality …
Persistent link: https://www.econbiz.de/10005076922
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed … (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with …
Persistent link: https://www.econbiz.de/10005076936
I use a dynamic microsimulation model to analyse the distributional effects of an expansion of education in Côte d … debate in this country. Various hypotheses concerning the evolution of returns to education and labour demand are tested. The … direct effects between education and income as well as the different transmission channels, such as occupational choices …
Persistent link: https://www.econbiz.de/10005076938
Persistent link: https://www.econbiz.de/10005062440
In this study we make an attempt to visualize the structure of the economy of Udalguri Subdivision of Assam, India. The structure of an economy comprises the characteristic features of and the interrelationships among its constituent parts and subsystems. These characteristic features and...
Persistent link: https://www.econbiz.de/10005407862
We summarize the main features and results of the literature on marginal commodity tax reforms as initiated by Ahmad and Stern (1984) and developed further by Yitzhaki and Thirsk (1990). We establish new links with other fields of research, namely the literature on the use of equivalence scales...
Persistent link: https://www.econbiz.de/10005412459
Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets, followed by a sequence of requisite policies and actions. The Indian economy shed off its 40- year long license and quota regime and went in for globalization in the early...
Persistent link: https://www.econbiz.de/10005119015
This paper deals with poverty, health, education and human deprivation among Indian States. Human development evaluates … poverty, health, education lead the poor to indulge in the vicious circle. Uplifting the poor from these deprivations is …
Persistent link: https://www.econbiz.de/10005413022