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Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity - driven by circumstances at birth - has a negative effect on subsequent growth. Results are …
Persistent link: https://www.econbiz.de/10010364975
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …
Persistent link: https://www.econbiz.de/10014338520
We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a … strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also …-dependent aggregation of type-specific poverty levels, is also introduced. Using household survey data from eighteen European countries in …
Persistent link: https://www.econbiz.de/10010226762
-simulations. The first family of micro-simulations decomposes required poverty changes into a change in the mean and a reduction in … inequality. Although it highlights the importance of inequality reduction, it appears to be too general to be of much use for … their interpretation.This paper - a product of the Poverty Team, Development Research Group - is part of a larger effort in …
Persistent link: https://www.econbiz.de/10012748352
Persistent link: https://www.econbiz.de/10011820030
indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper …
Persistent link: https://www.econbiz.de/10011871444
Persistent link: https://www.econbiz.de/10011967165
In response to a growing interest in comparing inequality levels and trends across countries, a number of cross …-national inequality databases are now available. These databases differ considerably in purpose, coverage, data sources, inclusion and … exclusion criteria, and quality of documentation. A special issue of the Journal of Economic Inequality, which this paper …
Persistent link: https://www.econbiz.de/10011376319
decline in earnings inequality was even larger by other measures, with the 90-10 percentile ratio falling by almost 40 percent … direct effect of minimum wages on inequality was muted. …
Persistent link: https://www.econbiz.de/10011636391
decline in earnings inequality was even larger by other measures, with the 90-10 percentile ratio falling by almost 40 percent … of minimum wages on inequality was muted. …
Persistent link: https://www.econbiz.de/10011661672