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poverty despite striking reductions in absolute poverty. The effects of relative deprivation explain why average happiness has …
Persistent link: https://www.econbiz.de/10011430756
This study focuses on growth, poverty and inequality in Rwanda. We take a broad perspective, in two respects. First, we consider a long time period so as to compare the current situation with the pre-war situation, allowing us to assess whether the recent successes can be attributed to a...
Persistent link: https://www.econbiz.de/10010418141
-being in China over the period 2005-2010 during which self-reported happiness scores show an increase across all income groups … conditional on having the same income, there is no rural-urban happiness gap. Our results suggest that while further decline in …
Persistent link: https://www.econbiz.de/10011449772
Persistent link: https://www.econbiz.de/10011770936
This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in … well-being and national aggregates from the World Happiness Report, the vulnerability indicator used is shown to be … statistically significant for happiness perceptions at both the individual and aggregate levels. At the micro level, the economic …
Persistent link: https://www.econbiz.de/10014301411
This paper examines the impact of the transition from a planned toa market economy on living standards and welfare in the fiveRepublics of former Soviet Central Asia – Kazakhstan, Kyrgyzstan,Tajikistan, Turkmenistan and Uzbekistan, along with the Republicof Azerbaijan. A broad definition of...
Persistent link: https://www.econbiz.de/10008743036
This report covers the period October2001 to December 2002: the fifth yearand part of the sixth year of the ESRCCentre for Analysis of Social Exclusion.■ During 2002, the Centre’s work duringits first five years was positively reviewed,and ESRC funding was renewed for afurther five years,...
Persistent link: https://www.econbiz.de/10008836957
Twenty-five years ago, in a small closed-down shop inHighbury, the idea of helping some people into workthrough their own bootstraps was tried out in some ofLondon’s poorest communities. It relied on the motivationand basic willingness to learn of people out of work and inneed. The missing...
Persistent link: https://www.econbiz.de/10008845702
We analyze a simple and tractable model of occupational choice in the presence of credit marketimperfections. We examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth distribution, in determining the long-term wealth...
Persistent link: https://www.econbiz.de/10008911474
[...]This paper begins by discussing poverty trends on a global scale -- where the poor are located in the world and how their numbers have been changing over time. It then discusses the relationship of economic growth and income distribution to poverty reduction. Finally, it suggests an...
Persistent link: https://www.econbiz.de/10009248842