This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on … equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam. …

This paper revisits the fiscal decentralization theorem, by relaxing the role of the assumption that governments are …) centralization can welfare-dominate decentralization even if there are no externalities and regions are heterogenous; (ii …) decentralization can welfare-dominate centralization even if there are positive externalities and regions are homogenous. The intuition …

a sharp increase in world poverty. …

Poverty-reducing policies ought to prioritize the "deserving" poor, that is, those who do all that can be reasonably … of poverty indices that address these issues. Formally, poverty is measured by the sum of specific indices of individual … are unwilling to accept a job that brings them out of poverty …

paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their … move from decentralization to federalism, called moral federalism, is welfare improving behind the veil of ignorance if and … only if centralization dominates decentralization, and (ii) for the group that favors a restrictive policy moral federalism …

donor countries should carefully consider how both anti-poverty instruments - foreign assistance and decentralization - work …This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we … decentralization. Our panel estimations reveal that fiscal decentralization negatively impacts aid effectiveness, while measures of …