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This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data. We develop a specific approximation to the optimal consumption growth rule and use Monte Carlo evidence to show that this approximation can provide a robust...
Persistent link: https://www.econbiz.de/10010292985
. Our aim is to describe the transmission of income inequality into consumption inequality. Our framework nests the special …
Persistent link: https://www.econbiz.de/10010293078
from the mine, while district-level consumption inequality increases in all districts belonging to a producing province …
Persistent link: https://www.econbiz.de/10010293203
high levels of inequality. Decomposition analysis shows that poverty reduction in Namibia is largely driven by growth in … mean incomes rather than redistribution. Even so, there have been important changes in inequality, especially between … different social groups, as educational attainment has replaced ethnicity as the main determinant of inequality between groups. …
Persistent link: https://www.econbiz.de/10010293269
economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …
Persistent link: https://www.econbiz.de/10010293303
This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
Persistent link: https://www.econbiz.de/10010293407
. Therefore, wage mobility does not balance recent increases in cross-sectional wage inequality. We apply RIF (recentered …
Persistent link: https://www.econbiz.de/10010294700
-led engagement in non-agricultural activities would be inequality-decreasing through increasing the incomes of the poorer parts of … the population and would reduce poverty. Opportunity-led diversification, by contrast, would increase inequality and have … opportunity-led diversification. Yet, the poverty and inequality implications of the differently motivated diversification …
Persistent link: https://www.econbiz.de/10010295054
Do preferences for income inequality differ systematically between the post-socialist countries of Central and Eastern … address this question. In particular, we examine whether attitudes to inequality differ between East and West even after the … inequality and other determinants of attitudes are taken into account. These results do not seem to be driven by a recent change …
Persistent link: https://www.econbiz.de/10010295562
obtain measures for global inequality and poverty as well as global growth incidence curves. …
Persistent link: https://www.econbiz.de/10010296043