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When the labor supply schedule is bending forward at low wage levels, the average cost curve of firms does the same. This leads to the possibility of multiple equilibria, in particular for monopolists, thereby opening a broader range of options and keeping non‐profitable firms in business....
Persistent link: https://www.econbiz.de/10014863042
Purpose – This paper describes a scheme which aims to alleviate rural poverty by providing small and microinvestment to …
Persistent link: https://www.econbiz.de/10014826509
Purpose – The purpose of this paper is to investigate technical and scales efficiencies of MFIs in Middle East and North Africa (MENA) countries in provision of financial services. This study also aims at tracing the source of inefficiencies. Design/methodology/approach – This paper uses the...
Persistent link: https://www.econbiz.de/10014826554
Purpose – This paper aims to present an account and discussion of Imam Ali’s view on poverty and socio-economic justice …, acute and visible inequalities and side-by-side co-existence of extreme wealth and poverty in a society point to the … or, in other words, acute poverty and inequality will cease to prosper and develop. Fourth, the main objective of an …
Persistent link: https://www.econbiz.de/10014826609
Persistent link: https://www.econbiz.de/10005721813
Europe and the former Soviet Union considerable scope to devote increased resources to tackling poverty. We review the extent … and nature of poverty across the transition countries, emphasising the phenomenon of the working-age poor. We consider … unemployment benefit schemes in the CIS would aid labour market reform and hence help solve the problem there of in-work poverty …
Persistent link: https://www.econbiz.de/10005656318
percentage of households in poverty. He attributed the bulk of this decline to government welfare reforms enacted during and … after the War. Some observers have been uneasy about these striking results, especially with the rediscovery of poverty in … the 1960s. In this paper we re-examine the surviving records from the 1950 survey, making the poverty line more consistent …
Persistent link: https://www.econbiz.de/10005656469
the persistence of poverty remains a major concern of policy makers. Despite this concern there has been little … empirical work examining the issue. In this paper we provide estimates of poverty persistence in the U.K. by examining the … degree of intergenerational mobility. Our findings support the view that poverty is a culture that is transmitted across …
Persistent link: https://www.econbiz.de/10005656645
Persistent link: https://www.econbiz.de/10005656798
Several recent papers on the political economy of growth have argued that increased skewness in the distribution of wealth/income induces slower growth. In the present model, investment, viewed as education, comes from two sources : a public component, financed by taxes and equally distributed...
Persistent link: https://www.econbiz.de/10005656826