Showing 1 - 10 of 285
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/10012463216
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/10012458831
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 …
Persistent link: https://www.econbiz.de/10012459761
living in poverty. Households with a beneficiary increased their level of consumption by 44 percent. The program improved …
Persistent link: https://www.econbiz.de/10012482536
In this paper, we propose a new measure of horizontal equity that overcomes many of the shortcomings of previous proposed measures. Our starting point is the observation that a well-behaved social welfare function need not evaluate global' (vertical equity) differences in after-tax income using...
Persistent link: https://www.econbiz.de/10012471765
This paper examines inequality in both leisure and consumption over the past four decades using time use surveys stretching from 1975 to 2016. We show that individual and family characteristics, especially when including work hours, explain most of the long run variation in leisure. We then use...
Persistent link: https://www.econbiz.de/10012480851
Recent contributions in the inequality literature have raised questions about previous research on skill-biased technical change and the managerial power of CEOs. Directly supporting our theme of prior exaggeration of the rise of inequality is new research showing that price indexes for the poor...
Persistent link: https://www.econbiz.de/10012463299
Although the vast majority of US research on trends in the inequality of family income is based on public-use March Current Population Survey (CPS) data, a new wave of research based on Internal Revenue Service (IRS) tax return data reports substantially higher levels of inequality and faster...
Persistent link: https://www.econbiz.de/10012463330
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/10012464708
The U.S. wage structure evolved across the last century: narrowing from 1910 to 1950, fairly stable in the 1950s and 1960s, widening rapidly during the 1980s, and "polarizing" since the late 1980s. We document the spectacular rise of U.S. wage inequality after 1980 and place recent changes into...
Persistent link: https://www.econbiz.de/10012465079