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We assess whether global social welfare has improved in the last decades despite (or because of) the substantial increase in global population. We use for this purpose a relatively unknown but simple and attractive social evaluation approach called critical-level generalized utilitarianism...
Persistent link: https://www.econbiz.de/10010787753
equilibrium (CGE) models used in poverty and inequality analysis are static in nature. The inability of this kind of model to … account for growth (accumulation) effects makes them inadequate for long run analysis of the poverty and inequality impacts of … and inequality through time. Changes in poverty are then decomposed into growth and distribution components in order to …
Persistent link: https://www.econbiz.de/10005696254
returns to unskilled labor. As rural households depend more on unskilled labor income, income inequality worsens as a result. …
Persistent link: https://www.econbiz.de/10005696257