This study estimates ex ante poverty and vulnerability of households in Bangladesh using Household Income and Expenditure Survey (HIES) data in 2005. Our results show that poverty is not same as vulnerability as a substantial share of those currently above the poverty line is highly vulnerable...

The assessment of income inequality can be investigated looking at the solution concepts of the cooperative game theory. We propose a multi-factorial decomposition of the Atkinson index by income sources and evaluate it as a cooperative game of the social cost of inequality. This framework...

The interplay of between- and within-country inequality, the relative contribution of each to overall global inequality, and the implications this has for who benefits from recent global growth (and by how much), has become a significant avenue for economic research. Drawing conclusions from...

Demographic disparities between the rates of occurrence of an adverse economic outcome can be observed to be increasing even as general social improvements supposedly lead towards the elimination of the adverse outcome in question. Scanlan (2006) noticed this tendency and developed a...

We propose a characterisation of an aggregate measure of growth that takes into account the initial economic conditions of individuals. Our measure is a weighted average of individual income growth with weights that are decreasing with the rank of the individual in the initial income...

Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated....

We investigate the relationship between growth and deprivation in India, an issue of immense interest. Given the continuing controversy in India over poverty lines, we use a framework that rigorously assesses the impact of growth on the poor over a range of poverty lines. Using National Sample...

This paper attempts to analyze the depth of poverty and examines the causal relationship between disability and poverty among Indian elderly. We use 58th round of National Sample Survey Organisation (NSSO) data surveyed in 2002. Our analysis finds higher level of poverty and income inequality...

This paper utilises micro data on consumption, family composition and land ownership of nearly 70,000 rural Indian households to analyse poverty in rural India. The study, conducted at the disaggregated level of individual States, examines the impact of household size and composition, caste,...

The paper provides the axiomatic characterization of a new relative deprivation index. The concept of relative deprivation is here extended towards the inter-temporal framework. In fact, if we agree that deprivation is a relative concept, we should also believe that individuals not only take...