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poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty … and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be …
Persistent link: https://www.econbiz.de/10013362055
Entitlement programs have become an increasing component of total government spending in the US over the last six decades. To some observers, this growth of the welfare state is excessive and unwarranted. To others, it is a welcome counter-acting force to the rapid increase in income inequality....
Persistent link: https://www.econbiz.de/10013210072
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....
Persistent link: https://www.econbiz.de/10013334417
development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10010522996
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incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but …
Persistent link: https://www.econbiz.de/10012794624
This paper investigates the impacts of macroeconomic activity and policy on the poverty population. It is shown that … both the poverty count and the income share of the lowest quintile of income recipients move significantly with the … structure. Special attention is given to changes in the poverty rate over the past decade and to prospective changes in the …
Persistent link: https://www.econbiz.de/10012477518
productivity. A poverty trap may arise, in which an unemployed worker with poor credit has a low job finding rate, but cannot …, equivalent to 2.3% per month over ten years. Banning employer credit checks eliminates the poverty trap, but pools job seekers …
Persistent link: https://www.econbiz.de/10012480658