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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
Using original survey data on Senegal that include an individualized measure of consumption, we study the role played by land inheritance, other bequests and parental background as influences on an adult's economic welfare and economic activities. While intergenerational linkages are evident, we...
Persistent link: https://www.econbiz.de/10009311712
Persistent link: https://www.econbiz.de/10011293056
Institutional features of the African setting-large extended families and imperfect credit and land markets-matter to the equity and efficiency roles played by intergenerational linkages. Using original survey data on Senegal that include an individualized measure of consumption, this paper...
Persistent link: https://www.econbiz.de/10011394947
Persistent link: https://www.econbiz.de/10009384838
Institutional features of the African setting -- large extended families and imperfect credit and land markets -- matter to the equity and efficiency roles played by intergenerational linkages. Using original survey data on Senegal that include an individualized measure of consumption, this...
Persistent link: https://www.econbiz.de/10012976007
Institutional features of the African setting -- large extended families and imperfect credit and land markets -- matter to the equity and efficiency roles played by intergenerational linkages. Using original survey data on Senegal that include an individualized measure of consumption, this...
Persistent link: https://www.econbiz.de/10012551152
A member of a collective-action household may or may not share the benefits of literacy with others in that household …; the shared gains from doing so may well be offset by a shift in the balance of power within the family. Using household …, but would also be consistent with an intra-household externality of literacy …
Persistent link: https://www.econbiz.de/10014122441
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