Showing 1 - 10 of 34
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
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
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
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
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
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
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
We present a survey of key results from second-best optimal redistribution theory and their implications for tax-transfer policy. The core results include the Corlett-Hague theorem, the Deaton conditions, the production-efficiency theorem, the Atkinson-Stiglitz theorem, and the Mirrlees-Saez...
Persistent link: https://www.econbiz.de/10009369273
The role of fiscal policy is examined when public goods provide both productive and utility services. In the presence of congestion, the consumption tax is shown to be distortionary. Optimal fiscal policy involves using consumption-based instruments in conjunction with the income tax. An income...
Persistent link: https://www.econbiz.de/10009369287
We examine the effects of public policy parameters in a simple directed search model of the labour market, and contrast them with those in standard random matching models with Nash bargaining. Both finite and limit versions of the directed search model are considered, and the value of the limit...
Persistent link: https://www.econbiz.de/10008625990