Showing 1 - 10 of 232
According to Sen (1976), any reasonable poverty index ought to be sensitive to inequality. In a multidimensional framework, inequality between poverty dimensions is traditionally treated as association sensitivity. Such an approach, however, is based exclusively on efficiency considerations,...
Persistent link: https://www.econbiz.de/10010358649
Family size equivalency scale is widely used in income inequality studies to deal with the differences in the size of each household, and it is widely accepted that the use of different scales significantly alters the estimated values of the inequality indexes and produces U-shaped pattern. This...
Persistent link: https://www.econbiz.de/10003819585
Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the...
Persistent link: https://www.econbiz.de/10008662270
This paper demonstrates the implications of adopting an approach to measuring poverty that takes into account the lifetime experience of individuals rather than simply taking a static or cross-sectional perspective. Our approach follows the theoretical innovations in Hoy and Zheng (2008) which...
Persistent link: https://www.econbiz.de/10008662317
This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which...
Persistent link: https://www.econbiz.de/10003934291
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10003936795
Debates about poverty relief and foreign aid often hinge on claims about how many poor people there are in the world and what constitutes poverty. Good measures of poverty are essential for addressing the world poverty problem. Measures of poverty require a basis for determining who is poor and...
Persistent link: https://www.econbiz.de/10008702832
Asymptotic and bootstrap tests are studied for testing whether there is a relation of stochastic dominance between two distributions. These tests have a null hypothesis of nondominance, with the advantage that, if this null is rejected, then all that is left is dominance. This also leads us to...
Persistent link: https://www.econbiz.de/10003301664
The most popular general univariate polarization indices for discrete (Esteban and Ray 1994), and continuous (Duclos, Esteban and Ray 2004) variables are combined and extended to describe the extent of polarization between agents in a distribution defined over a collection of many discrete and...
Persistent link: https://www.econbiz.de/10009159725
This paper is concerned with the problem of ranking and quantifying the extent of deprivation exhibited by multidimensional distributions, where the multiple attributes in which an individual can be deprived are represented by dichotomized variables. To this end we first aggregate deprivation...
Persistent link: https://www.econbiz.de/10009545259