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, particularly its relationship with overall economic growth and inequality. Initial estimates using this dataset of 79 countries … inequality, the paper discusses two main ideas. First, shared prosperity is strongly correlated with overall prosperity implying … of opportunity. Growing evidence suggests that improving access for all and reducing inequality of opportunities …
Persistent link: https://www.econbiz.de/10010829687
growth rates and takes into account the effect of changes in within-country inequality. This paper then identifies key …
Persistent link: https://www.econbiz.de/10010829799
. The first measure is absolute consumption poverty, as judged by what"poverty"means in the poorest countries. The second is … not come with a reduction in the household sector's share or any further increase in overall inequality beyond its level … of inequality found in 1999. …
Persistent link: https://www.econbiz.de/10010829829
turns out not to be a fact at all. Growth's effects on inequality can go either way and are contingent on several other … inequality. Possibly measurement errors confound the true relationship, but they think it more likely that the relationship … process will tend to be lower, the higher the extent of initial inequality. A smaller share of total income must imply a …
Persistent link: https://www.econbiz.de/10004989855
catastrophic payments are mutually exclusive outcomes. They achieve this by expressing out-of-pocket payments as a ratio of'discretionary'consumption …, defined as the amount by which total consumption (gross of out-of-pocket payments) exceeds the poverty line. This allows the …: those that absorb more than a pre-specified fraction of discretionary consumption; and those that leave a household …
Persistent link: https://www.econbiz.de/10010829332
is found to be very low in Mexico, suggesting that the high level of inequality found in the cross-section will persist …
Persistent link: https://www.econbiz.de/10005079557
income shock is appreciably slower for the poor than for others. They also find that current inequality reducesfuture growth … in mean incomes, though the"growth cost"of inequality appears to be small. The maximum contribution of inequality is … estimated to be 4-7 percent of mean income and 2 percent of mean consumption. …
Persistent link: https://www.econbiz.de/10005079964
The 20th Human Development Report has introduced a new version of its famous Human Development Index (HDI). The HDI aggregates country-level attainments in life expectancy, schooling and income per capita. Each year's rankings by the HDI are keenly watched in both rich and poor countries. The...
Persistent link: https://www.econbiz.de/10008738813
consumption and survey means in combination with a Pareto-type imputation of the upper tail, the estimate is a much higher global …
Persistent link: https://www.econbiz.de/10010721563
consumption are much lower during monga season than in other seasons, and that seasonal income greatly influences seasonal … consumption. However, lack of income and consumption smoothing is more acute in greater Rangpur, the North West region, than in …
Persistent link: https://www.econbiz.de/10004961253