Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for different families. Our method involves making direct questions about the linkup between aggregate...

Income-expenditure surveys typically provide incomes on the household level. As households can differ in size and needs, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original heterogeneous into an artificial quasi-homogeneous population....

Argentinien hat im Januar 2002 seine Zahlungsunfähigkeit erklärt und hofft seitdem auf neue Kredite des IWF. Anders als früher stellt der IWF nicht nur an die Zentralregierung Vorbedingungen: er fordert nämlich insbesondere, daß die Gebietskörperschaften eine kooperative Politik der...

There has been mixed evidence regarding the existence of rational bubbles in the foreign exchange markets. Standard unit root and cointegration tests are criticized for their low power to detect rational bubbles that periodically collapse. This paper introduces recently developed sequential unit...

In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the basis of a microsimulation model which accounts...

A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax rates. Our analysis is based on a microsimulation...

In this paper, we analyze whether current demographic dynamics in Mozambique are likely to reduce per capita growth and poverty reduction. The findings suggest that population dynamics do not appear to be a major driver of changes in growth of per capita incomes, poverty, or inequality. At the...

The paper examines the link between population and per capita economic growth, and poverty, using the interesting case study of Uganda. Although Uganda has recently experienced excellent economic growth and poverty reduction, it currently has one of the highest population growth rates in the...

This paper examines the link between population and per capita economic growth in Uganda. After showing that Uganda has one of the highest population growth rates in the world which, due to the inherent demographic momentum, will persist for some time to come, it then considers the impact of...

Single parents and unmarried couples are increasingly replacing the traditional nuclear family. This paper investigates if the greater variety in living arrangements contributes to increased resource disparities among children in Germany. Children in single parent families are disadvantaged in...