Showing 1 - 10 of 155
This paper divides the population into two groups: the "inheritors" or "rentiers" (whose wealth is smaller than the capitalized value of their inherited wealth, i.e. who consumed more than their labor income during their lifetime); and the "savers" or "self-made men" (whose wealth is larger than...
Persistent link: https://www.econbiz.de/10010746502
Per capita incomes across European regions are not equal and do not stay constant; regional income distributions uctuate over time. Such a process could have many possible limiting outcomes: complete equal- ity (convergence), stratication, and continually increasing inequality are but three...
Persistent link: https://www.econbiz.de/10010884518
projects (i.e. use less capital); although there is no poverty trap, the initial distribution may have long-run effects: there …
Persistent link: https://www.econbiz.de/10010746576
This paper studies growth and inequality in China and India – two economies that account for a third of the world’s population. By modelling growth and inequality as components in a joint stochastic process, the paper calibrates the impact each has on different welfare indicators and on the...
Persistent link: https://www.econbiz.de/10010746699
, lower poverty is robustly associated with higher media (newspaper circulation) penetration. …
Persistent link: https://www.econbiz.de/10011071188
appreciable impact on growth and poverty. The evidence presented suggests that land reforms do appear to be associated with … poverty reduction. …
Persistent link: https://www.econbiz.de/10010746031
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 54,000 individuals living in Germany from 1985 to 2012 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/10011126737
With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...
Persistent link: https://www.econbiz.de/10010928590
We provide, for the class of relative bidimensional inequality indices, a decomposition of inequality into two univariate Atkinson-Kolm-Sen indices and a third statistic which depends on the joint distribution of resources.
Persistent link: https://www.econbiz.de/10010928684
predict the potential implications of particular growth policies to inequality, poverty and, consequently, to social …
Persistent link: https://www.econbiz.de/10010928797