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We estimate and analyze the global income distribution from national log-normal income distributions for the years 1970 to 2003, as well as the income distribution of seven regional subsamples. From these distributions we obtain measures for global and regional inequality and poverty, and find...
Persistent link: https://www.econbiz.de/10010265087
We consider a differential game of a conflict between two factions who both have a desire to exact revenge. We show that, in contrast to conventional wisdom, the desire for revenge need not lead to escalation of conflicts. Surprisingly, in the open-loop equilibrium, the weaker faction exerts a...
Persistent link: https://www.econbiz.de/10010271949
The Greek crisis was the deepest and longest ever recorded in an OECD country in the postwar period. Output declined by over a quarter and disposable income by more than 40%, while the unemployment rate exceeded 27%. The paper explores the effects of the crisis on the level and the structure of...
Persistent link: https://www.econbiz.de/10012947133
Growing up in socio-economic disadvantage has important and long-lasting effects on children’s lives. Children from disadvantaged households often fall behind in many areas of well-being and development, with effects that continue to limit their opportunities and outcomes – including their...
Persistent link: https://www.econbiz.de/10013523775
The concept of poverty is discussed using qualitative and quantitative measures as an indicator for social deprivation. Poverty can be absolute, relative, income-based, consumption-based, or entitlement-based. The variation in the concept of poverty reveals its dimensionality. However, when...
Persistent link: https://www.econbiz.de/10012899504
This paper investigates the relationship between individual labour market outcomes, household income and expenditure, and inequality and poverty in New Zealand using detailed data from the 1983/84-2003/04 Household Economic Survey (HES). We begin by discussing and summarising measures of income...
Persistent link: https://www.econbiz.de/10013110951
This paper reviews developments in income and health poverty in Ireland over the 2003-2011 period using data from the Survey of Income and Living Conditions (SILC). It also examines developments in the correlation between the two. Income poverty fell up to and including 2009, after which this...
Persistent link: https://www.econbiz.de/10009744041
The purpose of this paper is to analyse the growth performance of the Cameroonian economy from independence in 1960 to date, and then to use this as a background for the analysis of poverty, inequality, and non-monetary outcomes. The analysis of poverty and inequality uses the microeconomic data...
Persistent link: https://www.econbiz.de/10010434428
The topic of rising income inequality does not only gain in relevance since the two prominent reports by the OECD (Growing unequal? Income Distribution and Poverty in OECD Countries, Paris 2008; Divided we stand-Why inequality keeps rising, Paris 2011) but rather since the financial crisis. So far...
Persistent link: https://www.econbiz.de/10011526837
We here use repeated cross-section data from the Afrobarometer, Asianbarometer Latinobarometer, and Eurobarometer to analyse the variables that are correlated with both current and future evaluations of standards of living. These are related not only to an individual's own economic resources but...
Persistent link: https://www.econbiz.de/10011947084