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the world's richest 1 per cent, while just a modest amount of redistribution would have ended $2 poverty. If the share of … just 12 per cent, this would have been sufficient to end $2 poverty today. Persistence of global poverty, it seems, is not …
Persistent link: https://www.econbiz.de/10011335897
We examine vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by … to estimate a Markov transition probability matrix with the aim of identifying the vulnerability of households to poverty …. Importantly, by introducing the index of vulnerability as the weighted probability of a household falling into poverty over a …
Persistent link: https://www.econbiz.de/10011687924
We use here a new measure of household economic well-being called LIMEW. LIMEW is different in scope from the official U.S. Census Bureau measure of gross money income (MI) in that it includes taxes, noncash transfers, public consumption, income from wealth, and household production. We analyze...
Persistent link: https://www.econbiz.de/10010266442
This report presents estimates of the Levy Institute Measure of Economic Well-Being (LIMEW) for a representative sample of Canadian households in 1999 and 2005. The results indicate that there was only modest growth in the average Canadian household's total command over economic resources in the...
Persistent link: https://www.econbiz.de/10010281720
We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on...
Persistent link: https://www.econbiz.de/10010286490
Research into multidimensional poverty has gathered momentum in the last half decade, most notably in the aftermath of … policy instruments. Multidimensional poverty theories have been vigorously advocated by some of the most thoughtful and hard …-working economists. The Alkire-Foster Multidimensional Poverty Index (MPI) measures overlapping multiple deprivations that people face …
Persistent link: https://www.econbiz.de/10011335894
We impose a horizontal equity restriction on the problem of finding the optimal utilitarian tax mix. The horizontal equity constraint requires that individuals with the same ability have to pay the same amount of taxes regardless of their preferences for leisure. Contrary to normal findings, we...
Persistent link: https://www.econbiz.de/10010321773
In this note, three major areas of Buchanan's research are briefly described: (1) The ideas of Knut Wicksell on Buchanan's work, (2) constitutional economics and the veil of ignorance, and (3) the role of government and/or the power to tax. It is shown that these three areas had a major...
Persistent link: https://www.econbiz.de/10010368256
We examine preferences for redistribution inherent in Swedish tax policy 1971-2012 using the inverse optimal tax approach. The income distribution is carefully characterized with the help of administrative register data and we employ behavioral elasticities reflecting the perceived distortionary...
Persistent link: https://www.econbiz.de/10012013529
Using unique evidence from the OeNB Euro Survey, this paper sheds light on the correlation between the distribution of income and trust in national governments in ten Central, Eastern and Southeastern European (CESEE) countries between 2009 and 2015. By applying multilevel modeling to account...
Persistent link: https://www.econbiz.de/10013370139