Ravallion, Martin - In: Econometrics : open access journal 5 (2017) 4, pp. 1-19
poverty are overestimates. The paper points to a number of reasons to question this claim. It is shown that, while the labor … supplies of American adults have a positive income gradient, the heterogeneity in labor supplies generates considerable … the measurement assumptions. With only a modest allowance for leisure as a basic need, the effort-adjusted poverty rate in …