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In partnership with the Korea Employment Information Service, Senior Scholar Ajit Zacharias and Research Scholars Thomas Masterson and Kijong Kim investigate the complex issues of gender, changing labor market conditions, and the public provisioning of child care in Korea using the Levy...
Persistent link: https://www.econbiz.de/10011380551
We cannot adequately assess how much or how little progress we have made in addressing the condition of the most vulnerable in our societies, or provide accurate guidance to policymakers intent on improving each individual's and household's ability to reach a basic standard of living, if we do...
Persistent link: https://www.econbiz.de/10011380554
Gauging the severity of poverty in a given country requires a reasonably comprehensive measurement of whether individuals and households are surpassing some basic threshold of material well-being. This would seem to be an obvious point, and yet, in most cases, our official poverty metrics fail...
Persistent link: https://www.econbiz.de/10011380566
Ajit Zacharias, Thomas Masterson, and Fernando Rios-Avila update the Levy Institute Measure of Economic Well-Being (LIMEW) for US households for the period 2000-13. The LIMEW - which comprises base income, income from wealth, net government expenditures, and the value of household production -...
Persistent link: https://www.econbiz.de/10012050976
We use here a new measure of household economic well-being called LIMEW. LIMEW is different in scope from the official U.S. Census Bureau measure of gross money income (MI) in that it includes taxes, noncash transfers, public consumption, income from wealth, and household production. We analyze...
Persistent link: https://www.econbiz.de/10010266442
Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket. Without intervention, the recession that began in December 2007 was likely to exacerbate this trend. Will the American Recovery and Reinvestment...
Persistent link: https://www.econbiz.de/10010266588
Unpaid care work amounts to an astronomical figure of 2 billion hours per day in the world of which three quarters are performed by women. This reality explains, to a large extent, the little progress that has been seen in reducing gender gaps, as far as employment, wages and use time are...
Persistent link: https://www.econbiz.de/10014322150
We describe the production of estimates of the Levy Institute Measure of Time and Income Poverty (LIMTIP) for Buenos Aires, Argentina, and use it to analyze the incidence of time and income poverty. We find high numbers of hidden poor-those who are not poor according to the official measure but...
Persistent link: https://www.econbiz.de/10011784655
The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however, these losses are merely a continuation of trends that have...
Persistent link: https://www.econbiz.de/10011784670
We construct estimates of the Levy Institute Measure of Economic Well-Being for France for the years 1989 and 2000. We also estimate the standard measure of disposable cash income (DI) from the same data sources. We analyze overall trends in the level and distribution of household well-being...
Persistent link: https://www.econbiz.de/10010281739