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In the presence of inequality a status-driven utility function reconciles the conflict between income-based and … nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in …
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We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …
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one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds …
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been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack …
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A considerable part of the poverty that is measured in a single period is transitory rather than persistent. In most … into and out of poverty should be the main focus of anti-poverty policies. Understanding the characteristics of the … persistently poor, and the circumstances and mechanisms associated with entry into and exit from poverty, can help to inform …
Persistent link: https://www.econbiz.de/10011422488