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The information content of the yield spread about future inflation in South Africa
Ntshakala, Manqoba; Harris, Laurence - 2018
The proposition that inflation expectations can be extracted as inflation predictions from the government bond yield … of inflation. Examining the sub-periods separated by the adoption, in 2000, of inflation targeting, we find that the … monetary policy regime shift strengthened the relationship between the yield spread and future inflation. The results suggest …
Persistent link: https://www.econbiz.de/10011873970
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2012
This paper examines the measurement of social welfare, poverty and inequality taking into account features that have …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in prospect theory - to social welfare measurement. We … based on equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam …
Persistent link: https://www.econbiz.de/10009691049
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Multidimensional poverty in Viet Nam : evidence from a rural household survey
Hoang Xuan Diem; Tran Van Hoang - 2018
For years, the international development community has been considering poverty as a multidimensional phenomenon, which takes into account not only income or consumption of the poor, but also their access to basic needs (education, health, etc.) and resources (credit, social network, etc.). In...
Persistent link: https://www.econbiz.de/10011921256
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When do relative prices matter for measuring income inequality? : the case of food prices in Mozambique
Arndt, Channing; Jones, Sam; Salvucci, Vincenzo - 2015
Changes in relative prices of commodities consumed in different shares across income groups can be expected to alter real income differentials between these groups. Using Mozambican household budget survey and price data from 2002/03 and 2008/09, we show that once relative price increases are...
Persistent link: https://www.econbiz.de/10010490165
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When do relative prices matter for measuring income inequality? : the case of food prices in Mozambique
Arndt, Channing; Jones, Sam; Salvucci, Vincenzo - 2014
Changes in the relative prices of commodities consumed in different shares across income groups are known to influence real measures of inequality. Using household budget survey and price data in Mozambique from 2002/03 and 2008/09, we show that accounting for the relative price changes driven...
Persistent link: https://www.econbiz.de/10010413135
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Absolute poverty lines
Arndt, Channing; Mahrt, Kristi; Tarp, Finn - 2016
important facet whose measurement should be done well. Measurement is complex due to a multitude of methodological choices …
Persistent link: https://www.econbiz.de/10011440964
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The political economy of food price : the case of Ethiopia
Assefa Admassie - 2013
Food prices increased significantly in 2007 - 08 in Ethiopia due to several supply- and demand-side factors. The Ethiopian government released emergency food grain reserves, imported and distributed wheat at subsidized price, banned the export of staple cereals, and removed value added and...
Persistent link: https://www.econbiz.de/10009690763
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Keep it real : measuring real inequality using survey data from developing countries
Beck, Ulrik - 2015
caused by (i) differences in the composition of consumption over the income distribution coupled with differential inflation …
Persistent link: https://www.econbiz.de/10011411136
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Rethinking the measurement of the middle class : evidence from Egypt
Abu-Ismail, Khalid; Sarangi, Niranjan - 2015
The degree of choice households have over their consumption expenditure is critical in deciding their economic class. Applying our measure to Egyptian household budget surveys, we estimate the population size of the middle class in Egypt and assess their well-being in the period 1995-2011. Our...
Persistent link: https://www.econbiz.de/10010479967
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Indices of social development and their application to Africa
Haan, Arjan de; Foa, Roberto - 2014
This paper, using a new set of social development indices, explores the measurement of social development across Africa …, and how this relates to broader development patterns and measurement. Development practitioners worldwide increasingly …
Persistent link: https://www.econbiz.de/10010414808