-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a …"This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self … reference point for new sample data from Venezuela. Having greater perceived income than one's siblings is found to be …

Three billion people will be added to the world's population over the next 50 years and 2.8 billion people today …

Three billion people will be added to the world's population over the next 50 years and 2.8 billion people today …

Three billion people will be added to the world ' s population over the next 50 years and 2.8 billion people today … integrally with economic growth. Now in its 25th edition, this year ' s World Development Report examines, over a 50 year period …, and protecting the environment. The World Development Report 2003 emphasizes that many good policies have been identified …

rest of the world. Second, this convergence process will be accompanied by a widening of income distribution in two …"The present study uses the GIDD, a CGE-microsimulation model for Global Income Distribution Dynamics, to understand … the ex-ante dynamics of global income distribution. Three main robust results emerge. First, under a set of realistic …

inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality …. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site …

"Using a large cross-country income distribution dataset spanning close to 800 country-year observations from … industrial and developing countries, the authors show that the size distribution of per capita income is well approximated … empirically by a lognormal density. The null hypothesis that per capita income follows a lognormal distribution cannot be rejected …

"An apparent temporary narrowing of income inequality has been observed during several recent banking crises. But it … the opposite pattern has also been present. Besides, the poor are much less able to absorb a cut in income: safety … conducive to crisis can also be associated with more unequal societies."--World Bank web site …