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In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data … consumption. Measures of overall and sub-group poverty also sharply differ. In addition to examining broader populations and a …
Persistent link: https://www.econbiz.de/10012465193
observe household income and other demographics for each neighborhood. Five major findings are reported. First, the start of … appreciation series, begin at different times over a decade-long period from 1995-2006. Second, the magnitude of the initial jump …
Persistent link: https://www.econbiz.de/10012461284
both concept and measurement and it has advantages relative to both. Poverty rates using our basic measure are very close …We propose a new measure of the rate of poverty we call the Supplemental Expenditure Poverty Measure (SEPM) based on … the minimum bundle necessary to meet basic needs. Our measure differs from conventional income and consumption poverty in …
Persistent link: https://www.econbiz.de/10013210084
In response to the COVID-19 pandemic two new timely poverty measures have been developed to monitor fast …-changing economic conditions for the most deprived. The Han et al. near real-time poverty measure uses responses to a global income … poverty measure, widely cited in the media, uses data from the Annual Social and Economic Supplement to the CPS and other …
Persistent link: https://www.econbiz.de/10013362025
Homelessness is arguably the most extreme hardship associated with poverty in the United States, yet people … experiencing homelessness are excluded from official poverty statistics and much of the extreme poverty literature. This paper … incomes remained low for the decade surrounding an observed period of homelessness, suggesting that homelessness tends to …
Persistent link: https://www.econbiz.de/10014528363
In this paper we build on our earlier work on underemployment using data from the UK. In particular, we explore their well-being based on hours preferences rather than on involuntary part-time work used in the prior literature. We make use of five main measures of well-being: happiness; life...
Persistent link: https://www.econbiz.de/10012452881
Is the long-term trend of the economy -- growth -- substantially influenced by the short-term movements -- business cycles -- and, if so, how? Are business cycles subject to major secular changes? Are these fluctuations the natural way growth takes in private enterprise economies or are they...
Persistent link: https://www.econbiz.de/10012478456
We propose a novel measure of risk perceptions: the price of volatile stocks (PVS<sub>t</sub>), defined as the book-to-market ratio of low-volatility stocks minus the book-to-market ratio of high-volatility stocks. PVS<sub>t</sub> is high when perceived risk directly measured from surveys and option prices is low....
Persistent link: https://www.econbiz.de/10012480235
This paper uses three different sources of data to investigate the association between the business cycle--measured with unemployment rates--and environmental concern. Building on recent research that finds internet search terms to be useful predictors of health epidemics and economic activity,...
Persistent link: https://www.econbiz.de/10012462414
We propose a simple saving-based measure of the cyclical component in GDP. The measure is motivated by the prediction that the represenative consumer changes savings in response to temporary deviations of income from its stochastic trend, while satisfying a present-value budget constraint. To...
Persistent link: https://www.econbiz.de/10012462580