poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two different scenarios for its … poverty years and 4.3 million years of life lost across 150 countries. The ratio of PYs to LYs is very large in most countries …

social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper then looks at …