Showing 1 - 10 of 18
Analysing a large sample of 1980 - 2004 unbalanced panel data, the current study presents comparative global evidence on the role of (income) inequality in poverty reduction. The evidence involves both an indirect channel via the tendency of high inequality to decrease the rate at which income...
Persistent link: https://www.econbiz.de/10010280108
This paper measures the vulnerability of households in rural India, based upon the ICRISAT panel survey. We employ both ex ante and ex post measures of vulnerability. The latter are decomposed into aggregate and idiosyncratic risks and poverty components. Our decomposition shows that...
Persistent link: https://www.econbiz.de/10010273511
This paper develops a normative approach to the measurement of ex-ante inequality of opportunity in a multidimensional setting - that is, when the individual outcome is represented by a multidimensional variable. We characterize three classes of social welfare functions, all endorsing ex-ante...
Persistent link: https://www.econbiz.de/10012424006
This paper examines the measurement of social welfare, poverty and inequality taking into account features that have been found to be important welfare determinants in behavioural economics. Most notably, we incorporate reference-dependence, loss aversion and diminishing sensitivity - aspects...
Persistent link: https://www.econbiz.de/10010319772
The poverty mapping methodology for estimating welfare rankings from small areas has proven to be useful in guiding allocation of government funds, regional planning, and general policy formulation. Nevertheless, poverty mapping also suffers from a series of by now well recognized shortcomings....
Persistent link: https://www.econbiz.de/10010319791
The present paper is a selective overview, very considerably based on work in which the author himself has been involved, of the difficulties which can arise in the measurement of poverty and inequality when one compares populations of differing size. The paper begins with certain problems...
Persistent link: https://www.econbiz.de/10010319897
Measuring poverty remains a complex and contentious issue. This is particularly true in sub-Saharan Africa where poverty rates are higher, information bases typically weaker, and the underlying determinants of welfare relatively volatile. This paper employs recently collected data on household...
Persistent link: https://www.econbiz.de/10010280145
This paper describes changes over the past 15-20 years in non-income measures of wellbeing—education and health—in Africa. We expected to find, as we did in Latin America, that progress in the provision of public services and the focus of public spending in the social sector would contribute...
Persistent link: https://www.econbiz.de/10010284558
The literature on the economics of happiness in the developed economies finds discrepancies between reported measures of wellbeing and income measures. The ‘Easterlin paradox’, for example, shows that average happiness levels do not increase as countries grow wealthier. This article explores...
Persistent link: https://www.econbiz.de/10010284623
In a heterogeneous population which can be partitioned into well-defined subgroups, it is plausible that the extent of measured aggregate poverty should depend upon the distribution of poverty across the subgroups. A judgment in favour of an equal inter-group distribution of poverty could arise...
Persistent link: https://www.econbiz.de/10010284632