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as tail bias). The paper concludes that rather than reflecting a subjective assessment of the distribution of welfare …
Persistent link: https://www.econbiz.de/10014091264
The paper uses the data from Francois Quesnay's writings to derive a social table for pre-revolutionary France, estimate country's mean income and income distribution. These Quesnay-based estimates are compared with more recent estimates of 18th century French incomes and inequality
Persistent link: https://www.econbiz.de/10013134807
public finances to study the effects on local welfare of a large fiscal transfer fund earmarked for social investment in more … effects on seven nonmonetary welfare measures. In contrast, these funds have no significant impact on extreme and moderate …
Persistent link: https://www.econbiz.de/10012837441
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 unequal countries in the region, after Brazil and...
Persistent link: https://www.econbiz.de/10012840242
Intra-household inequalities have long been a source of concern for policy design, but there is very little evidence. The current practice of ignoring inequality within households could lead to an underestimation of both overall inequality and poverty levels, as well as to the misclassification...
Persistent link: https://www.econbiz.de/10012843235
This paper argues that labor supply elasticities encode information about the determinants of income inequality. In the theoretical framework, individuals choose labor supply conditional on productivities and preferences for consumption relative to leisure. The paper shows that reduced-form...
Persistent link: https://www.econbiz.de/10012844682
Nonfarm activity plays an increasingly important role in rural household income. Based on data from the Living Standards Measurement Study in the provinces of Hebei and Liaoning, the authors study the distribution of nonfarm income in rural China. First, they assume nonfarm income as an...
Persistent link: https://www.econbiz.de/10012783349
This paper proposes a methodology to approximate individual income distribution dynamics using only time series data on aggregate moments of the income distribution. Under the assumption that individual incomes follow a lognormal autoregressive process, this paper shows that the evolution over...
Persistent link: https://www.econbiz.de/10012951511
The Gini coefficient of labor earnings in Brazil fell by nearly a fifth between 1995 and 2012, from 0.50 to 0.41. The decline in earnings inequality was even larger by other measures, with the 90-10 percentile ratio falling by almost 40 percent. Although the conventional explanation of a falling...
Persistent link: https://www.econbiz.de/10012959146
This paper documents access to services and ownership of infrastructure-related durables in the water, energy, telecom, and transport areas, based on harmonized household survey data covering 1.6 million households in 14 Latin American countries during 1992 to 2012. The paper provides a...
Persistent link: https://www.econbiz.de/10012961226