Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of … income support and tax credits not been implemented. These reforms have also contributed to substantially reduce poverty …

of labour is near- zero and productivity of land provides only subsistence. Poverty keeps consumption and savings low …

counterfactual simulations. We start by decomposing changes in inequal- ity/poverty indices into three contributions: reforms of the …

in the social spirit and prowess, so much needed to benefit from globalization. Acute poverty is the major structural … links to the market. Poverty cripples the very foundations of these possibilities. Therefore, under the prevailing …

This study analysed the contribution of economic growth and redistribution components to aggregate poverty changes in … from the Household Budget Survey to calculate poverty indices. The result of the Shapley value decomposition of poverty … bringing about the decline in poverty. This suggests that the drastic fall in absolute poverty over the survey period could be …

Unlike aversion to inequality, aversion to poverty resists formalization in welfare economics. One way to assign … normative significance to the poverty line is to allow the welfare measure to exhibit a discrete loss from poverty (DLP) at z …