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The focus axiom and poverty : on the co-existence of precise language and ambiguous meaning in economic measurement
Subramanian, Sreenivasan - 2011
ought to be sensitive only to changes in the income-distribution of the poor population of any society. In practice, most … poverty indices advanced in the literature satisfy an "income-focus" but not a "population-focus" axiom. This, it is argued in … measures which either satisfy both income and population focus or violate both, or which effectively do not recognize a clear …
Persistent link: https://www.econbiz.de/10009308280
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The focus axiom and poverty : on the co-existence of precise language and ambiguous meaning in economic measurement
Subramanian, Sreenivasan - 2012
ought to be sensitive only to changes in the income-distribution of the poor population of any society. In practice, most … poverty indices advanced in the literature satisfy an "income-focus" but not a "population-focus" axiom. This, it is argued in … measures which either satisfy both income and population focus or violate both, or which effectively do not recognize a clear …
Persistent link: https://www.econbiz.de/10009515906
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Measuring welfare, inequality and poverty with ordinal variables
Silber, Jacques; Yalonetzky, Gastón - 2021
The key challenge in making distributional comparisons with ordinal data is the lack of commensurability of the distances between the ordered categories. This chapter provides a critical review of the most recent theoretical developments addressing this challenge and providing methods for...
Persistent link: https://www.econbiz.de/10012650402
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A Social-Psychological Reconstruction of Amartya Sen’s Measures of Inequality and Social Welfare
Stark, Oded; Budzinski, Wiktor - 2021
The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...
Persistent link: https://www.econbiz.de/10013212497
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What is Pro-Poor?
Duclos, Jean-Yves; Wodon, Quentin T. - 2004
Assessing whether distributional changes are pro-poor has become increasingly widespread in academic and policy circles. Starting from relatively general ethical axioms, this paper proposes simple graphical methods to test whether distributional changes are indeed pro-poor. Pro-poor standards...
Persistent link: https://www.econbiz.de/10014068717
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Why We All Do Care About Inequality (But are Loath to Admit it)
Milanovic, Branko - 2004
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10014072283
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A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare
Stark, Oded; Budzinski, Wiktor - 2022
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...
Persistent link: https://www.econbiz.de/10014084076
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Restricted and Unrestricted Dominance for Welfare, Inequality and Poverty Orderings
Duclos, Jean-Yves; Makdissi, Paul - 2014
This paper extends the previous literature on the ethical links between the measurement of poverty, social welfare and inequality. We show inter alia, how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute poverty may be interpreted as a robust ranking of...
Persistent link: https://www.econbiz.de/10014086750
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Global boom, local impacts: Mining revenues and subnational outcomes in Peru 2007-2011
Zambrano, Omar; Robles, Marcos; Laos, Denisse - 2014
The relationship between the abundance of natural resources and socio-economic performance has been a main object of study in the economic development field since Adam Smith. Dominated by the verification of the so called curse of natural resource, the mainstream literature on the topic has been...
Persistent link: https://www.econbiz.de/10011314151
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The poor, the prosperous and the 'inbetweeners': A fresh perspective on global society, inequality and growth
Edward, Peter; Sumner, Andy - 2014
What has happened to inequality between and within countries since 1990? In this paper we explore who have been the winners and losers from global growth since 1990. We find that falls in total global inequality in the last 30 years are predominantly attributable to rising prosperity in China....
Persistent link: https://www.econbiz.de/10011335897