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Assessment of trends in Canadian living standards is incomplete if family money incomes are not adjusted for the shrinking size of Canadian families. This paper uses OECD and Statistics Canada equivalence scales to examine the level and distribution of equivalent money income in 1975, 1981,1984,...
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One of the costs of high levels of in ation may be misperceptions of relative prices and excessive volatility in sectoral output. This paper therefore examines the relationship between the level of inflation and sectoral output growth variability in Canada from 1961:1 to 1995:4. Despite the...
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In this paper we discuss the axiomatic approach to poverty measures and propose a unified framework for the Sen indices of poverty intensity which shows an explicit connection between the indices and their common underlying social evaluation function. We also identify the common multiplicative...
Persistent link: https://www.econbiz.de/10005086743
This paper proposes a unified framework for the Sen indices of poverty intensity, which shows an explicit connection between the indices and the common underlying social evaluation function. This paper also identifies the common multiplicative decomposition of the indices that allows simple and...
Persistent link: https://www.econbiz.de/10005086750