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This paper make straightforward extensions to Anderson's (1996) nonparametric statistical tests of stochastic dominance criteria to bivariate distributions. These test are applied to a time series of cross-section datasets on household level total expenditure and non labour market time in the UK.
Persistent link: https://www.econbiz.de/10011537671
The discussion presently taking place in the large eurozone economies about the reform of the social welfare state is dominated by two assertions: Western Europe as an investment location is too expensive due to its high tax burden, and, second, countless jobs are threatened from low-wage...
Persistent link: https://www.econbiz.de/10009636768
This evaluation of the Greenland Decision (GD) will feed into the Mid-Term Review of the European Union’s 2014-2020 External Financing Instruments (EFIs), taking place in 2017. The evaluation assesses whether the instrument is fit for purpose to deliver EU resources in keeping with the EU‘s...
Persistent link: https://www.econbiz.de/10011799503
We examine the socially optimal wealth distribution in a two-person two-good model with heterogeneous workers and asymmetric social interactions where only one (social) individual derives positive or negative utility from the leisure of the other (non-social) individual. We show that the...
Persistent link: https://www.econbiz.de/10005822152
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10005822299
We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life-expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10005823252
This Joint Staff Advisory Note reviews the first Annual Progress Report (APR) of The Gambia’s Poverty Reduction Strategy Paper (PRSP). The APR indicates that The Gambia’s progress in implementing the PRSP has been uneven. Slow implementation mainly reflected low capacity, a lack of...
Persistent link: https://www.econbiz.de/10005825046
This paper examines Pakistan’s Poverty Reduction Strategy Paper (PRSP) Preparation Status Report. The formulation of the Interim PRSP (I-PRSP) was the first step in the direction of preparing a comprehensive national antipoverty strategy that encompasses the economic, structural, and...
Persistent link: https://www.econbiz.de/10005825056
This paper examines Congo’s Interim Poverty Reduction Strategy Paper (I-PRSP). Congo’s I-PRSP explains the features and causes of poverty in Congo. It provides a short- and medium-term vision of development as well as a strategic orientation for a return to sustainable and equitable growth....
Persistent link: https://www.econbiz.de/10005825383
This paper reviews Uzbekistan’s Interim Welfare Improvement Strategy Paper (I-WISP). I-WISP defines the main directions and measures aimed at improving living standards and reducing poverty among the population of Uzbekistan for 2005–10. The strategy is designed to further expand...
Persistent link: https://www.econbiz.de/10005825518