This paper examines the measurement of social welfare, poverty and inequality taking into account reference …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …

-being in affluent countries. It focuses on CA applications related to general well-being, inequalities, poverty and human …

fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …

poverty in the pandemic’s first wave is studied, controlling for other underlying factors, in a sample of 141 countries. An … income. Poverty as measured by the $1.90 per day standard has a small negative association with death rates. The elasticity …

ominous messages for using equitable growth in fighting poverty. Rapid growing developing economies need to adopt appropriate …