Showing 1 - 10 of 80
is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate … of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel … of data for 70 countries from 1981 to 1999, we do find that income instability results in a lower poverty reduction for a …
Persistent link: https://www.econbiz.de/10008805948
We examine how changes in tax policies affect the dynamics of the distributions of wealth and income in a Ramsey model in which agents differ in their initial capital endowment. The endogeneity of the labor supply plays a crucial role in determining inequality, as tax changes that affect hours...
Persistent link: https://www.econbiz.de/10008794135
We derive a mesoscopic description of the behavior of a simple financial market where the agents can create their own portfolio between two investments alternatives: a stock and a bond. The model is derived starting from the Levy-Levy-Solomon microscopic model using the methods of kinetic theory...
Persistent link: https://www.econbiz.de/10008794299
This paper proposes a unified framework for the analysis of inequalities. In contrast to the former literature on inequalities, housing is included as a major determinant of individual saving behavior. Disparities across locations affect individual outcomes in both labor and education markets....
Persistent link: https://www.econbiz.de/10010899866
French but also European economies are driven by micro, small and medium enterprises. However, evidence shows that micro-enterprises, representing 99 per cent of all newly created businesses, suffer from a lack of external resources, especially those created by socially excluded persons....
Persistent link: https://www.econbiz.de/10009368025
Since the 1990s, poverty and the ways to reducing it have become a central paradigm in development economics, not only … theme of research in development economics, by poverty and its reduction, together with an expansion of the meanings of the … concept of poverty. The key points of the paper are that this shift represents a crucial turning point in the conceptual …
Persistent link: https://www.econbiz.de/10009372663
This paper questions the Lewis Path perspective of a "world without agriculture" which underpins the "structural transformation" paradigm of "modern growth." It shows that the Lewis Path is only one of four potential structural paths, and that half of the world's population is spiralling into a...
Persistent link: https://www.econbiz.de/10010738957
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … satisfaction falls with both the incidence and intensity of contemporaneous poverty. There is no evidence of adaptation within a … poverty spell: poverty starts bad and stays bad in terms of subjective well-being. Third, poverty scars: those who have been …
Persistent link: https://www.econbiz.de/10010739011
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10010739092
poverty and inequality in rural areas. While the poverty impacts of those programs are well documented in the literature less …
Persistent link: https://www.econbiz.de/10010739119