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Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion …
Persistent link: https://www.econbiz.de/10009707597
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
these differences in cost-of-living. In this paper, we study consumption inequality in India, while fully allowing for non …
Persistent link: https://www.econbiz.de/10011421580
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 … ; poverty ; inequality ; welfare measurement ; vulnerability …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We …
Persistent link: https://www.econbiz.de/10009700305
developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the … relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption …
Persistent link: https://www.econbiz.de/10011898668
The Hamilton method for estimating CPI bias is simple, intuitive, and has been widely adopted. We show that the method confiates CPI bias with variation in cost-of-living across income levels. Assuming a single price index across the income distribution is inconsistent with the downward sloping...
Persistent link: https://www.econbiz.de/10011794248
The value-added tax is one of the most important tax revenue sources in many countries. However, it is sometimes considered unfair as it ultimately hits consumption, and poorer households spend a greater share of their income on consumption. But this depends on whether, and to what degree, the...
Persistent link: https://www.econbiz.de/10012404571
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...
Persistent link: https://www.econbiz.de/10009010169
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10011346864