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"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...
Persistent link: https://www.econbiz.de/10010522096
"The authors examine the distributional implications of selective compliance in sample surveys, whereby households with different incomes are not equally likely to participate. They discuss poverty and inequality measurement implications for monotonically decreasing and inverted-U...
Persistent link: https://www.econbiz.de/10010522656
Persistent link: https://www.econbiz.de/10010523412
Persistent link: https://www.econbiz.de/10010523960
"This paper uses a computable general equilibrium model to assess the welfare impact of commodity price inflation in … inflation since 2006 may have had a significantly negative impact on all Tanzanian households. Most of the negative impact comes … shielded from global commodity inflation because they derive a larger share of their incomes from agricultural activity and …
Persistent link: https://www.econbiz.de/10010520999
Persistent link: https://www.econbiz.de/10011394002
"For decades the world's agricultural markets have been highly distorted by national government policies, but very differently for different commodities. Hence a weighted average across countries of nominal rates of assistance or consumer tax equivalents for a product can be misleading as an...
Persistent link: https://www.econbiz.de/10011394158
"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10011394159
"This paper explores how the elimination of Madagascar's Marketing Board in 1995 affected prices paid to farmers, incentives, and regional indicators of poverty and inequality. After steadily losing market share, Madagascar has been able to regain some of the lost ground since the mid-1990s....
Persistent link: https://www.econbiz.de/10010522083
"The author examines, taking into account the urban-rural divides, the changes and welfare implications of income diversification in Zimbabwe following macroeconomic policy changes and droughts of the early 1990s. Data from two comparable national income, consumption and expenditure surveys in...
Persistent link: https://www.econbiz.de/10010522098