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We perform development accounting in accordance with Weil (2005, 2007) in a cross-state analysis of India. Results of similar magnitude are found, demonstrating that health can account for 1% to 18% of income differences depending on the health measure.
Persistent link: https://www.econbiz.de/10011041794
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10010572266
This paper starts from a classical fair division situation of allocating an object among a set of agents. The problem is studied from both a cooperative and a bankruptcy point of view, analyzing the fairness properties of the proposed solutions.
Persistent link: https://www.econbiz.de/10010580510
Using data on inequality for 21 OECD countries over the period 1870–2011 this paper tests the Piketty hypothesis that income inequality is likely to grow in the 21st century. It is shown that the null hypothesis of trend stationarity of inequality cannot be rejected at conventional...
Persistent link: https://www.econbiz.de/10011189531
and anti-poverty effects of state education are illustrated. …
Persistent link: https://www.econbiz.de/10011076538