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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 …
Persistent link: https://www.econbiz.de/10012597516
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 …
Persistent link: https://www.econbiz.de/10012270227
estimate the welfare consequences of these food price increases, and their distribution across households. Because Brazil is a … percent urban, higher food prices still led to a greater incidence and depth of poverty at the national level. …
Persistent link: https://www.econbiz.de/10010278528
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 …
Persistent link: https://www.econbiz.de/10011873575
Different episodes of economic growth display widely varying distributional characteristics, both across countries and over time. Growth is sometimes accompanied by rising and sometimes by falling inequality. Applied economists have come to rely on the Growth Incidence Curve, which gives the...
Persistent link: https://www.econbiz.de/10011653201
In response to a growing interest in comparing inequality levels and trends across countries, a number of cross-national inequality databases are now available. These databases differ considerably in purpose, coverage, data sources, inclusion and exclusion criteria, and quality of documentation....
Persistent link: https://www.econbiz.de/10011401743
opportunity - and empirical applications - are reviewed, and implications for the measurement of poverty and of the rate of … economic development are discussed. …
Persistent link: https://www.econbiz.de/10010531692
is adopted, and we define classes of social welfare functions and discuss relevant dominance conditions for six such …This paper asks whether prioritarianism – the view that social welfare orderings should give explicit priority to the …
Persistent link: https://www.econbiz.de/10012498001
from early childhood development to investment in better teaching. In certain quarters, there is also agreement that …
Persistent link: https://www.econbiz.de/10014377325
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010377361