Showing 1 - 10 of 65
Individuals’ aversion to risk and inequality, and their concern for relative standing, are measured through experimental choices between hypothetical societies. It is found that on average individuals are both fairly inequality-averse and have a strong concern for relative income. The results...
Persistent link: https://www.econbiz.de/10005651772
This paper examines whether the subjective well-being of migrants is responsive to fluc- tuations in macroeconomic conditions in their country of origin. Using the German Socio- Economic Panel for the years 1984 to 2009 and macroeconomic variables for 24 countries of origin, we exploit...
Persistent link: https://www.econbiz.de/10010818761
We investigate the importance of relative income within the Indian Caste system, using a choice experiment. We find that slightly more than half of the marginal utility of income comes from some kind of relative income effects, on average, which is comparable to the results from previous studies...
Persistent link: https://www.econbiz.de/10005651677
We find, using survey-experimental methods, that most individuals are concerned with both relative income and relative consumption of particular goods. The degree of concern varies in the expected direction depending on the properties of the good. However, contrary to what has been suggested in...
Persistent link: https://www.econbiz.de/10005651773
This study uses simulations to explore the possibility of halving the percentage of people living in extreme poverty in … different. In some cases small changes in income-distribution can have a large effect on poverty, while in others a strong focus …
Persistent link: https://www.econbiz.de/10005651774
Previous studies of poverty in developing countries have to a great extent focused on the characteristics of the … rounds of panel data to investigate the persistence of poverty in urban Ethiopia with a particular focus on the role of intra … market status of non-head household members are important determinants of households' poverty status. Results also show that …
Persistent link: https://www.econbiz.de/10011019101
This paper investigates dynamics of poverty in urban Ethiopia using both subjective and objective definitions of … poverty. The two sets of estimates of persistence and recurrence of poverty are similar, suggesting that consumption …
Persistent link: https://www.econbiz.de/10005207243
This paper analyses the relation between parents earnings and their childrens education. In a context of perfect altruism, the model describes parents decisions on how much to consume and how much to invest in their childrens education. The model predicts that returns on education in terms of...
Persistent link: https://www.econbiz.de/10005022392
I discuss how poverty decomposition methods relate to integral approximation, which is the foundation of decomposition …-value decomposition and methods related to the Datt-Ravallion approach and point out difficulties in axiomatic approaches to poverty … development of poverty decomposition should account for the basis in integral approximation. <p> …
Persistent link: https://www.econbiz.de/10005651646
We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, we cannot reject the hypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia.<p>
Persistent link: https://www.econbiz.de/10008752884