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We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …
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Rising poverty and inequality increases the risk of social instability in countries all around the world. For measuring … poverty and inequality there exists a variety of statistical indicators. Estimating these indicators is trivial as long as the … income variable is measured on a metric scale. However, estimation is not possible, using standard formulas, when the income …
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bimodality disappeared in subsequent years. Inequality and poverty decreased in accordance with a three-phase pattern over the … period. Whether clones are scaled to GDP or HFCE matters when evaluating inequality and poverty levels, but not when …
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Poverty reduction has become a fundamental objective of development, and therefore a metric for assessing the … effectiveness of various interventions. Economic growth can be a powerful instrument of income poverty reduction. This creates a … need for meaningful ways of assessing the poverty impact of growth. This paper follows the elasticity approach to propose a …
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