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Social insurance against a short life : ante-mortem versus post-mortem policies
Ponthiere, Gregory - 2023
Welfare States do not insure citizens against the risk of premature death, i.e., the risk of having a short life. Using a dynamic OLG model with risky lifetime, this paper compares two insurance devices reducing well-being volatility due to the risk of early death: (i) an ante-mortem age-based...
Persistent link: https://www.econbiz.de/10014432194
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The downward spiral
Greenwood, Jeremy; Guner, Nezih; Kopecky, Karen A. - 2022
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....
Persistent link: https://www.econbiz.de/10013382024
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What money can't buy: The relevance of income redistribution for functioning levels
Lelli, Sara - 2004
This paper relates Amartya Sen’s capability approach to the literature on equivalence scales. Synthetic indicators of well-being are constructed by adjusting individual incomes for differences in functionings. An exploratory comparative application to Italian and Belgian data illustrates the...
Persistent link: https://www.econbiz.de/10010284886
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Conceptual and measurement issues in poverty analysis
Thorbecke, Erik - 2004
) Growth, inequality and poverty. …
Persistent link: https://www.econbiz.de/10010279127
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A new inequality-sensitive multidimensional deprivation index (MDI) for dichotomous variables
Espinoza-Delgado, José; Silber, Jacques - 2021
multidimensional deprivation using the MDI is that this index is sensitive to inequality and can be fully broken down by deprivation …
Persistent link: https://www.econbiz.de/10012601360
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Measuring welfare, inequality and poverty with ordinal variables
Silber, Jacques; Yalonetzky, Gastón - 2021
addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …
Persistent link: https://www.econbiz.de/10012650402
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Inequality and welfare evaluation of heterogeneous income distributions
Shorrocks, Anthony - 2004
This paper establishes the principles which should govern the welfare and inequality analysis of heterogeneous income … samples. However, inequality and welfare comparisons will usually be well defined only if equivalent incomes are obtained … using constant scale factors; and researchers will need to distinguish clearly between inequality of nominal incomes and …
Persistent link: https://www.econbiz.de/10011513129
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The 'Illegal' Tax
Lipman, Francine J. - 2012
Almost fifty years ago in 1965, on the steps of the State Capital in Montgomery, Alabama, Dr. Martin Luther King, Jr., asked a crowd of twenty-five thousand "How long will prejudice blind the visions of men, darken their understanding, and drive bright-eyed wisdom from her sacred throne?" The...
Persistent link: https://www.econbiz.de/10013108895
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The Hedonic Method of Valuing Environmental Policies and Quality
Graves, Philip E. - 2012
Benefit-cost analysts attempt to compare two states of the world, the status quo and a state in which a policy having benefits and costs is being contemplated. For environmental policies, this comparison is greatly complicated by the difficulty in inferring the values that individuals place on...
Persistent link: https://www.econbiz.de/10014170605
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Health, income, and the Preston Curve : a long view
Prados de la Escosura, Leandro - 2022
Well-being is increasingly viewed as a multidimensional phenomenon, of which income is only one facet. In this paper I focus on another one, health, and look at its synthetic measure, life expectancy at birth, and its relationship with per capita income. International trends of life expectancy...
Persistent link: https://www.econbiz.de/10013170892