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In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily...
Persistent link: https://www.econbiz.de/10009416928
The small-area estimation developed by Elbers, Lanjouw and Lanjouw (2002, 2003), in which a census and a survey are combined to produce the estimates of welfare measures for small geographic areas, has become a standard tool for poverty analysis in developing countries. The small-area estimates...
Persistent link: https://www.econbiz.de/10009363739
Industrial revolutions, the progress in IT industry, the growth rate of developing new technologies, global competition, liberalization of markets, continue to demand change, globalization of market, economic and financial crisis are just some of the causes that have contributed to the...
Persistent link: https://www.econbiz.de/10009366176
The paper examines sensitivity influences on the German personal income distribution in a time-series perspective as well as in a methodically broad manner. The author discusses the following issues: (1) For the first time, (reference) income-dependent, so-called variable equivalence scales are...
Persistent link: https://www.econbiz.de/10009366279
Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank inequality aversion (v). However, a voluntary choice...
Persistent link: https://www.econbiz.de/10014552762
The situation described in this paper disclosures a high percentage of poverty and a high school deficit among youth; low education and/or lack of ability to performed a skilled job; an educational system which does not support flexible and vocational programs to target youth at crisis; a job...
Persistent link: https://www.econbiz.de/10014185613
The dominant view in tax law and policy is that achieving the optimal balance of revenue, efficiency, and equity generally requires basing taxes and transfers solely on income from labor and not also on other potentially taxable attributes such as income from capital. The optimality of...
Persistent link: https://www.econbiz.de/10014202558
The present study calculates variable, cross-sectional as well as longitudinal equivalence scales on the basis of the German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the “individual variant” for calculating subjective equivalence scales using “life...
Persistent link: https://www.econbiz.de/10014154493
Human development laggs considerably behind economic development in all Arab countries. Countries with similar per-capita income levels in other parts of the world score on average much better with regards to most indicators for education, helath, social protection, sanitation and other elements...
Persistent link: https://www.econbiz.de/10014160784
The role of a person's identity and sense of integration into society as instruments of economic development has been vastly underestimated in the literature in economics. We talk of policies to subsidize the poor and give direct support to alleviate poverty. But in the long run, what is...
Persistent link: https://www.econbiz.de/10014053412