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poverty despite striking reductions in absolute poverty. The effects of relative deprivation explain why average happiness has …
Persistent link: https://www.econbiz.de/10011240764
macroeconomic conditions. Sen’s capabilities approach to poverty, which underlies the HDI, highlights the lack of capacity of the …
Persistent link: https://www.econbiz.de/10008587041
The current unsustainable growth of the world economy is largely a consequence of the crisis of social capital experienced by much of the world's population. Declining social capital leads the economies to excessive growth, because people seek economic affluence as compensation for the emotional...
Persistent link: https://www.econbiz.de/10010959122
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10008543263
Several papers in the literature on intra-household allocation have suggested that various household ‘outcomes’, such as demands, saving, child health etc., depend on the distribution of income within the household. Implicit in these analyses is that a higher share of household income for...
Persistent link: https://www.econbiz.de/10005749486
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10009151008
This Policy Brief is an outcome of the UNU-WIDER research project 'Social Development Indicators'. The overall aim of the project was to provide insights into how human well-being might be better conceptualized and, in particular, measured, by reviewing various concepts and measures and then...
Persistent link: https://www.econbiz.de/10005059854
Microsimulation models have been used in order to find efficient counteractive instruments to poverty. The objective of … this paper is to analyse the impact of fiscal policy on poverty, insisting on child poverty rates. Empirical analysis … suggests that in fighting poverty, a mix of policies need to be in place, fiscal reforms increasing tax allowances such as …
Persistent link: https://www.econbiz.de/10010833250
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Persistent link: https://www.econbiz.de/10010997197