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World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 … of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in …
Persistent link: https://www.econbiz.de/10013150544
zero. Using the estimated optimal weights, we compute estimates of true income per capita and $1/day poverty rates for the … developing world and its regions. We get poverty estimates that are substantially lower and fall substantially faster than those … of Chen and Ravallion (2010) or of the survey-based poverty literature more generally …
Persistent link: https://www.econbiz.de/10013060266
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012760644
shallow knowledge. This simple idea can inform cross-country income differences, international trade patterns, poverty traps …
Persistent link: https://www.econbiz.de/10012751445
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...
Persistent link: https://www.econbiz.de/10013052680
Census's Supplemental Poverty Measure (SPM) nearly doubles the elderly poverty rate compared to the "Official" Poverty … a poverty measure's predictive validity and excluding assets exacerbates this bias, since assets fund MOOP. The SPM is … based on a 1995 NAS report that recommended a health-exclusive poverty measure, despite considering it, conceptually, a …
Persistent link: https://www.econbiz.de/10013064306
Using the internal March CPS, we create and in this paper distribute to the larger research community a cell mean series that provides the mean of all income values above the topcode for any income source of any individual in the public use March CPS that has been topcoded since 1976. We also...
Persistent link: https://www.econbiz.de/10012759378
In theory, the U.S. tax system aims to attribute and tax all business income to individuals. But the tax treatment of …
Persistent link: https://www.econbiz.de/10012980194
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies among individuals. Its correlation with both...
Persistent link: https://www.econbiz.de/10013000535
Access to IRS personal income tax records improves researchers' ability to track U.S. income and inequality, especially at the very top of the distribution (Piketty and Saez 2003). However, rather than following standard Haig-Simons income definitions, tax form income measures were designed to...
Persistent link: https://www.econbiz.de/10012966592