Showing 1 - 10 of 62
poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …
Persistent link: https://www.econbiz.de/10011434324
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10011600914
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported...
Persistent link: https://www.econbiz.de/10011601067
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10011601027
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to an Income Satisfaction question posed in the German Socio-Economic Panel (GSOEP). Income satisfaction is the subjective analogue of the objective income concept and includes...
Persistent link: https://www.econbiz.de/10011438890
We investigate the accuracy of ex ante assessments of vulnerability to income poverty using cross-sectional data and … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and … high mobility in and out of poverty. …
Persistent link: https://www.econbiz.de/10010290956
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution … system of meanstested income support. -- minimum wage, wage distribution ; working poor ; poverty reduction ; microsimulation …
Persistent link: https://www.econbiz.de/10003726086
persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … poor individuals stayed in poverty for two years on average. In East Germany, the contribution of the permanent component … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …
Persistent link: https://www.econbiz.de/10011436290
Based on a multiple spells approach, this paper studies the extent and the composition of chronic poverty in Germany …. The results indicate that about one third of cross-sectional poverty in a given year is chronic. The characteristics that … are most closely associated with long-term poverty are economic inactivity and pensioner status, while the number of …
Persistent link: https://www.econbiz.de/10011438521
We propose a framework for comparing the relationship between poverty and personal characteristics across countries (or … across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the … 1990s. The higher aggregate poverty rates in the USA and in Britain relative to Germany were mostly accounted for by higher …
Persistent link: https://www.econbiz.de/10011437003