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Persistent link: https://www.econbiz.de/10005820628
Differing value judgments in measuring inequality underlie the conflicting factual claims about how much poor people have shared in the economic gains from globalization. Opponents in the debate differ in the extent to which they care about relative inequality versus absolute inequality,...
Persistent link: https://www.econbiz.de/10012749551
How unequal is the world today? Is global income inequality falling, as many economists claim, or is it rising, as one often hears? This paper reviews the arguments and evidence. A number of concerns about the underlying data are identified, with biases going in both directions. Conceptual...
Persistent link: https://www.econbiz.de/10011938091
On the presumption that poorer people tend to work less, it is often claimed that standard measures of inequality and poverty are overestimates. The paper points to a number of reasons to question this claim. It is shown that, while the labor supplies of American adults have a positive income...
Persistent link: https://www.econbiz.de/10011781941
While it is improbable that households with different incomes are equally likely to participate in sample surveys, the lack of data for nonrespondents has hindered efforts to correct for the bias in measures of poverty and inequality. Mistiaen and Ravallion demonstrate how the latent income...
Persistent link: https://www.econbiz.de/10014076839
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In Bangladesh, Grameen Bank puts banks in areas where gains from switching from farming to nonfarm enterprises favor the poor. Other banks put more weight on potential gains to the nonpoor. Ravallion and Wodon assess whether the placement of bank branches in Bangladesh responds to unexploited...
Persistent link: https://www.econbiz.de/10012749255
In theory, the informational advantage of decentralizing the eligibility criteria for a federal antipoverty program could come at a large cost to the program's performance in reaching the poor nationally. Whether this happens in practice depends on the size of the local-income effect on the...
Persistent link: https://www.econbiz.de/10012750922
The paper tests for external effects of local economic activity on consumption and income growth at the farm household level using panel data from four provinces of post-reform rural China. The tests allow for nonstationary fixed effects in the consumption growth process. Evidence is found of...
Persistent link: https://www.econbiz.de/10010279350