L'industrie de l'électricité subit une restructuration à l'échelle mondiale. La concurrence est introduite au niveau de la production alors que le transport et la distribution demeurent des monopoles réglementés par les gouvernements. Aux États-Unis, il y a déjà ouverture du marché de...

This paper develops the link between poverty and inequality by focussing on a class of poverty indices (some of them well-known) which aggregate normative concerns for absolute and relative deprivation. The indices are distinguished by a parameter that captures the ethical sensitivity of poverty...

We examine the sensitivity of poverty comparisons across countries with dissimilar household needs when equivalence scale parameters are varied. We use a sample of Spanish and British households, using both absolute and relative poverty lines. We sum up these comparisons using subjective...

This paper investigates the testable restrictions on the time- series behavior of equity premia implied by a representative agent model whose state- and time-non-separable preferences are subject to taste shocks. The model nests state- and time-separable preferences with and without taste shocks...

We develop a theoretical and an empirical analysis of the impact of imperfect targeting, participation costs and incomplete take-up upon the level of progressivity, vertical equity, horizontal inequity and redistribution exerted by state benefits. For this, we make use of well-known indices of...

This paper extends the previous literature on the normative links between the measurement of poverty, social welfare and inequality. We show how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute poverty may be interpreted as a robust ranking of social...