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Layard, Richard; Mayraz, Guy; Nickell, Stephen J - London School of Economics (LSE) - 2007

In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. One needs this parameter for cost-benefit analysis, for optimal taxation and for the (Atkinson) measurement of inequality. We estimate this parameter using four large...

Persistent link: https://www.econbiz.de/10011071383

Public policy and inequalities of choice and autonomy

Burchardt, Tania; Evans, Martin; Holder, Holly - London School of Economics (LSE) - 2013

autonomy should be addressed – poverty, ill health and geographical inequality – because they place significant restrictions on …

Persistent link: https://www.econbiz.de/10010746616

Economic growth evens-out happiness: evidence from six surveys

Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - London School of Economics (LSE) - 2014

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the “very unhappy” and the...

Persistent link: https://www.econbiz.de/10011126047

A note on the estimation of intergenerational income correlations by the method of averaging

Abul Naga, Ramses H. - London School of Economics (LSE) - 2001

Averaging methods are routinely used in order to limit biases resulting from the mismeasurement of permanent incomes. The Solon/Zimmerman estimator regresses a single-year measurement of the child's resources on a T-period average of the parents' income while the Behrman/Taubman estimator...

Persistent link: https://www.econbiz.de/10010928772

On the performance of social benefit systems

Schluter, Christian - London School of Economics (LSE) - 1997

evaluation comprise the alleviation of poverty and the reduction in income inequality, whilst the diversity of opinions about …

Persistent link: https://www.econbiz.de/10010745069

Poverty, inequality and mobility in Palanpur: observations from Palanpur

Himanshu, Himanshu; Bakshi, Ishan; Dufour, Camille - London School of Economics (LSE) - 2011

Persistent link: https://www.econbiz.de/10010745146

Estimating welfare indices : household weights and sample design

Cowell, Frank; Jenkins, Stephen P - London School of Economics (LSE) - 2000

The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...

Persistent link: https://www.econbiz.de/10010745529

Robustness properties of poverty indices

Cowell, Frank; Victoria-Feser, Maria-Pia - London School of Economics (LSE) - 1994

poverty indices to data contamination using the concept of the influence function. We show that poverty and inequality indices … have fundamentally different robustness properties, and demonstrate that an imporrtant commonly used subclass of poverty … measures will be robust under data conta m ination. We investigate both the case where the poverty line is exogenenously fixed …

Persistent link: https://www.econbiz.de/10010745913

Poverty and inequality and social policy in China

Li, Bingqin; Piachaud, David - London School of Economics (LSE) - 2004

Despite prolonged economic growth, poverty has become a more notable and noted feature of Chinese society. The paper … social policies are described and the effects on poverty and inequality are examined. The limitations of a social policy that … livelihood approach is analysed and its potential to reduce poverty and inequality are considered. …

Persistent link: https://www.econbiz.de/10011126132