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wealth by aggregating visible goods and assets using principal component weights. We find that relative deprivation in … visible wealth has a ten percentage point higher explanatory power for reporting a high level of perceived deprivation than … finding sheds light on the importance of the visibility of the objects of comparison for an individual's assessment of his …
Persistent link: https://www.econbiz.de/10010363484
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10010211159
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10013036783
There is a burgeoning literature on the significance and distribution of wealth in the rich world. It mainly focuses on … the top. Wealth remains remarkably absent from the analysis of poverty and the redistributive effectiveness of welfare …
Persistent link: https://www.econbiz.de/10011737502
wealth by aggregating visible goods and assets using principal component weights. We find that relative deprivation in … visible wealth has a ten percentage point higher explanatory power for reporting a high level of perceived deprivation than … finding sheds light on the importance of the visibility of the objects of comparison for an individual's assessment of his …
Persistent link: https://www.econbiz.de/10013052316
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10013061938
The purpose of this paper is to obtain by combining two longitudinal perspectives a more detailed national picture of poverty in the Member States of the European Union, using the first four waves (1994 - 1997) of the European Community Household Panel (ECHP). In addition to this detailed...
Persistent link: https://www.econbiz.de/10011438560
The purpose of this paper is to obtain by combining two longitudinal perspectives a more detailed national picture of poverty in the Member States of the European Union, using the first four waves (1994-1997) of the European Community Household Panel (ECHP). In addition to this detailed...
Persistent link: https://www.econbiz.de/10014071565
Persistent link: https://www.econbiz.de/10003417852
The purpose of this paper is to obtain by combining two longitudinal perspectives a more detailed national picture of poverty in the Member States of the European Union, using the first four waves (1994 - 1997) of the European Community Household Panel (ECHP). In addition to this detailed...
Persistent link: https://www.econbiz.de/10010260670