Showing 1 - 10 of 34
by considering arbitrary orders of welfare dominance and ranges of poverty lines, as well as values for the critical …
Persistent link: https://www.econbiz.de/10010891629
The paper investigates the definition of equity-regarding poverty measures when there are different household types in … the population. It demonstrates the implications of a between-type regressive transfer principle for poverty measures, for … the choice of poverty lines, and for the measurement of living standard. The role of equivalence scales, which are popular …
Persistent link: https://www.econbiz.de/10008625967
In models of redistribution, differences in human capital are often the relevant source of heterogeneity among individuals. Presumably, the distribution of human capital can be manipulated through education spending. This paper examines the use of education as a redistributive tool when there is...
Persistent link: https://www.econbiz.de/10010587965
and incomes by using parametric formulae of poverty and inequality measures. We propose statistical indicators for the … levels, variabilities, and correlation of prices and incomes. The roles of price and income variabilities for poverty and …
Persistent link: https://www.econbiz.de/10005466933
Responsible for 20 million severe injuries and/or deaths annually, few epidemics receive less attention than traffic accidents. Going beyond confirming an inverted U-shaped relationship between mean income and fatalities, we show theoretically that income inequality can positively affect...
Persistent link: https://www.econbiz.de/10005604508
poverty, the other based on notions of stochastic dominance. From the statistical point of view, many techniques are common to …
Persistent link: https://www.econbiz.de/10008799771
We consider two econometric problems in the measurement of poverty, both relating to rent imputation. First, we account … estimated household consumption by 5% over uncorrected estimates and decreases estimated poverty rates quite dramatically …, rather than a consumption level, for each household. This correction increases estimated poverty rates slightly. We use our …
Persistent link: https://www.econbiz.de/10010713828
If jurisdictions are allowed to tax land and capital separately, they tax only land, because capital taxation distorts the allocation of mobile capital. To exploit absentee owners, however, jurisdictions tax land beyond the efficient level. As absentee ownership increases throughout the economy,...
Persistent link: https://www.econbiz.de/10005467100
We present a simple model of capital accumulation where agents care about their consumption relative to the consumption of other members of society, `envy,' In this context we quantify the extent of the distortions and welfare costs associated with envy. Under conservative estimates of envy we...
Persistent link: https://www.econbiz.de/10005467136
In this paper we assume away standard distributional and staticefficiency arguments for public health and instead seek a dynamic efficiency rationale. We study a lifecycle model wherein young agents make health investments to reduce mortality risk. We identify a welfare rationale for public...
Persistent link: https://www.econbiz.de/10011100049