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In the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of...
Persistent link: https://www.econbiz.de/10010319857
We show theoretically that the poor can benefit from price changes induced by higher income inequality. As the number of poor in a society increases, or when the income difference between rich and poor increases, the market for products aimed towards the poor grows and such products become more...
Persistent link: https://www.econbiz.de/10010320214
The observation of the remarkably stable development of inequality indicators in Germany in the relevant period suggests that it is unlikely that they represent a major explanatory factor for the rise of the AfD. Furthermore, in an EU comparison, the success of radical right-wing parties appears...
Persistent link: https://www.econbiz.de/10015047289
The socio-economic inequality that has been growing for some time now is poison for social cohesion and representative democracy. In order to break through the indifference that still prevails towards socio-economic inequality and make more equality possible, people must become aware that the...
Persistent link: https://www.econbiz.de/10015047307
We propose a framework for comparing the relationship between poverty and personal characteristics across countries (or across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the 1990s. The higher aggregate poverty rates in the...
Persistent link: https://www.econbiz.de/10010260639
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10010260745
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10010260794
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate whether a reduction in inequality by the state...
Persistent link: https://www.econbiz.de/10010261664
This paper focuses on the importance data issues to the analysis of growth, poverty and economic inequality. We introduce a number of major databases frequently used in applied research on growth, poverty and global and international inequality. A discussion of data quality, data consistency,...
Persistent link: https://www.econbiz.de/10010262015
This review covers a range of measures and methods frequently employed in empirical analysis of global income inequality and global income distribution. Different determinant factors along with quantification of their impacts and empirical results from different case studies are presented. These...
Persistent link: https://www.econbiz.de/10010262018