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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 … 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
(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed …
Persistent link: https://www.econbiz.de/10005076936
, their distribution and poverty depend very crucially on the hypothesis made on the evolution of returns to education and …
Persistent link: https://www.econbiz.de/10005076938
Persistent link: https://www.econbiz.de/10005062440
households) in the sample villages is below poverty line (at Rs. 400 per capita per month). On the other hand, no more than 39 ….5 percent of the people (and 37.36 percent households) is likely to stand under the poverty line (at Rs. 425 per capita per ….31. The prime reasons of poverty are excessive dependence on primary sector, disguised unemployment, poor development of …
Persistent link: https://www.econbiz.de/10005407795
of labour is near- zero and productivity of land provides only subsistence. Poverty keeps consumption and savings low …
Persistent link: https://www.econbiz.de/10005407862
, namely the literature on the use of equivalence scales and the one on poverty measurement. We also critically examine some …
Persistent link: https://www.econbiz.de/10005412459
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 …
Persistent link: https://www.econbiz.de/10005119015
(COMPUTABLE)GENERAL EQUILIBRIUM APPROACH, THAT IS A RENEW ATTENTION TO THE PROBLEM OF POVERTY , EMPLOYMENT AND INEQUALITY THAT EARLIER STRATEGIES …PERHAPS, POVERTY AND PLENTY IS THE WORLD'S GREATEST CHALLENGE. THIS STUDY THEREFORE PROPOSE AN APPLIED … CALIBRATION OF A POVERTY-BASED MODEL WITHIN DATA FRAMEWORK OF SOCIAL ACCOUNTING MATRIX(SAM). THE RESEARCH OUTPUT IS EXPECTED TO BE …
Persistent link: https://www.econbiz.de/10005561515
(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed …
Persistent link: https://www.econbiz.de/10005561548