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The authors test how well consumption is insured against income risk in a panel of sampled households in rural China. They estimate the risk insurance models by Generalized Method of Moments, treating income and household size as endogenous. Insurance exists for all wealth groups, although the...
Persistent link: https://www.econbiz.de/10005079724
Theoretical work has shown that nonlinear dynamics in household incomes can yield poverty traps and distribution … poverty would be an investment with lasting benefits, and pro-poor redistribution would promote aggregate economic growth. The … is no sign of a dynamic poverty trap. The authors argue that existing private and social arrangements in this setting …
Persistent link: https://www.econbiz.de/10005079964
to study the causes of poverty. They modeled the evolution of average consumption and various poverty measures using … pooled state-level data for 1957-91. They found that poverty was reduced by higher agricultural yields, above-trend growth in … poverty. Initial conditions also mattered. States that started the period with better infrastructure and human resources …
Persistent link: https://www.econbiz.de/10005080065
In theory, it is possible that the persistent poverty that has emerged in many transition economies, is attributable to …
Persistent link: https://www.econbiz.de/10005128740
. Poverty also mainly rose in Africa and it rose in South Asia and Latin America about as often as it fell. Other results … economies to find evidence that high rates of growth in average living standards are associated with higher rates of poverty … trend in distributional effect for or against the poor. Overall there was a small decrease in poverty incidence in 1987 …
Persistent link: https://www.econbiz.de/10005128755
consumption. The authors find that the correlation between poverty and household size vanishes in Pakistan when the size … poverty. The authors show that the incidence of severe child stunting is more elastic to household size than their Engel curve … poverty - notably the extent to which it is used to inform policies aimed at promoting child welfare - may go some way toward …
Persistent link: https://www.econbiz.de/10005128787
This paper discusses the effect that changes in individual incomes have on aggregate undernutrition. Undernutrition depends not only on nutrient intakes but on other factors, including nutrient requirements - which may differ widely amongst people. The author offers an approach to measuring the...
Persistent link: https://www.econbiz.de/10005128792
household-level data imposing minimum aggregation. The authors find negligible impacts on inequality and poverty in the …
Persistent link: https://www.econbiz.de/10005128962
In a data set for developing, and transition economies, the author finds that private consumption per capita, based on national accounts, deviates on average from mean household income,or expenditure based on national sample surveys. Growth rates also differ systematically, so that the ratio of...
Persistent link: https://www.econbiz.de/10005128996
It seems natural to expect the rich to oppose policies to redistribute income from the rich to the poor, and the poor to favor such policies. But this may be too simple a model, say the Authors. Expectations of future welfare may come into play. Well-off people on a downward trajectory may well...
Persistent link: https://www.econbiz.de/10005129067