welfare losses - combining mortality and poverty and expressed in terms of life-years - depends both on the choice of poverty … low welfare weight on mortality, poorer countries are found to bear a greater welfare loss from the pandemic. When poverty … and compare two important components of those losses - increased mortality and higher poverty - using years of human life …

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … with GDP per capita: poverty accounts for a much greater share of the welfare costs in poorer countries. Finally, the … dominance of poverty over mortality is reversed in a counterfactual herd immunity scenario: without any policy intervention, LYs …

We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a … strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also … background. Dominance conditions are established for each class of measures, and a sub-family of scalar indices, based on a rank …

indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper …"Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most …

Sustainable Development Goals and the World Bank's twin goals, the new poverty line was chosen so as to preserve the definition … the international poverty line. In order to preserve the integrity of the goalposts for international targets such as the … designed to preserve real purchasing power in poor countries, the revisions lead to relatively small changes in global poverty …

opportunity - and empirical applications - are reviewed, and implications for the measurement of poverty and of the rate of … economic development are discussed. …