Using longitudinal data from PSID, we show the positive relation between labor income and the equity share of financial wealth is stronger for those who have a higher persistence in shocks to permanent labor income. The results support the hypothesis that the cross sectional variation in...

This paper proposes a methodological framework for examining the distributional effects of alternative agricultural policies in less developed economies. The framework combines disaggregated household models with an explicit modelling of the linkages between product and factor markets.

In response to the beginnings of the COVID-19 pandemic, India's government instituted a severe nationwide lockdown in late March 2020. In this paper, we analyze household survey data on income from a representative Indian state, Punjab. We analyze the impacts of the pandemic and lockdown on...

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intrahousehold...

One of the weakest links in the chain of activities concerned with production and disposal of agricultural products is marketing. Besides the farmers, other major sufferers due to lack of proper marketing facilities are the consumers who are deprived of the fresh farm products. This paper...

We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...