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Suppose that all people in the world are allocated only two characteristics: country where they live and social class within that country. Assume further that there is no migration. We show that 90 percent of variability in people's global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10014050056
Based on their objective economic situation and comparing with their peers, individuals form perceptions of their economic position in a society. Data from the three waves of the Life in Transition surveys of European countries show that these perceptions systematically deviate from the rankings...
Persistent link: https://www.econbiz.de/10014091264
has been robust in recent decades, the growth elasticity of poverty has remained low. This suggests that inequality has … research agenda on African development in such a way that the interaction between poverty and inequality becomes a core concern …In Africa, evidence on the interactions among poverty, growth, and income distribution presents a puzzle: While growth …
Persistent link: https://www.econbiz.de/10014083382
inequality may be very different from those in true inequality, that is, that measured using household-specific CPIs. The authors … the inflation faced by the poorest consumers. As a result of this bias, the observed increases in nominal inequality … generally exceed the actual changes in real inequality. These results are robust to correcting for quality change bias in the …
Persistent link: https://www.econbiz.de/10014060101
is found to be very low in Mexico, suggesting that the high level of inequality found in the cross-section will persist …
Persistent link: https://www.econbiz.de/10014061842
inequality adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household … inequality. This yields predictions regarding the linkages between trade protection, country characteristics and inequality …
Persistent link: https://www.econbiz.de/10014061963
of 18th century French incomes and inequality …
Persistent link: https://www.econbiz.de/10013134807
examines correlates of unprecedented increases in inequality registered by most of these economies. We find that, after … infrastructure reform (mostly consisting of privatization and higher fees) are responsible for this pro-inequality effect while small … evidence that higher government spending as share of GDI reduces inequality …
Persistent link: https://www.econbiz.de/10014219719
progress toward ending extreme poverty and boosting shared prosperity. This paper estimates the resource requirements to …
Persistent link: https://www.econbiz.de/10012854742
speed up the decline in inequality levels and reduce poverty. This study presents an exhaustive and comprehensive analysis …Colombia has reduced extreme poverty in the past 16 years by almost half, moderate poverty by 22 percentage points, and … made more than four million Colombians jump the threshold of multidimensional poverty. However, it remains one of the most …
Persistent link: https://www.econbiz.de/10012840242