Showing 1 - 10 of 3,706
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there … differing assessments of poverty and inequality under quite general conditions. German microdata will be used to demonstrate and …
Persistent link: https://www.econbiz.de/10011374211
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 … ; poverty ; inequality ; welfare measurement ; vulnerability …
Persistent link: https://www.econbiz.de/10009700305
Poverty-reducing policies ought to prioritize the "deserving" poor, that is, those who do all that can be reasonably … a theory of justice accommodating norms of individual responsibility. I propose and axiomatically characterize a family … of poverty indices that address these issues. Formally, poverty is measured by the sum of specific indices of individual …
Persistent link: https://www.econbiz.de/10012194312
interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a …
Persistent link: https://www.econbiz.de/10011638276
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 …
Persistent link: https://www.econbiz.de/10011864650
We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial …
Persistent link: https://www.econbiz.de/10012597680
This paper presents a new approach to estimation and inference in panel data models with unobserved common factors possibly correlated with exogenously given individual-specific regressors and/or the observed common effects. The basic idea behind the proposed estimation procedure is to filter...
Persistent link: https://www.econbiz.de/10011505911
This paper presents a new approach to estimation and inference in panel data models with a multifactor error structure where the unobserved common factors are (possibly) correlated with exogenously given individual-specific regressors, and the factor loadings differ over the cross section units....
Persistent link: https://www.econbiz.de/10002521670
Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty …
Persistent link: https://www.econbiz.de/10009707597
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10011514055