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The notion of Equality of Opportunity (EO) has pervaded much of economic and social justice policy over the last half century in conveying a sense of liberation from the circumstances that constrain an individual’s ability to achieve it, and it has been a cornerstone of many gender equality...
Persistent link: https://www.econbiz.de/10010999326
This paper examines the determinants of city growth in China. Evidence is provided that economic reforms played an important role in accelerating urban growth. The relative magnitude of the state sector has a negative impact on city growth and the city's openness to foreign direct investment has...
Persistent link: https://www.econbiz.de/10010858490
Classifying agents into subgroups in order to measure the plight of the "poor", "middle class" or "rich" is common place in economics, unfortunately the definition of class boundaries is contentious and beset with problems. Here a technique based on mixture models is proposed for surmounting...
Persistent link: https://www.econbiz.de/10010939198
Aphorisms that 'rising tides raise all boats' or that material advances of the rich eventually 'trickle down' to the poor are really maxims regarding the nature of stochastic processes that underlay the income/wellbeing paths of groups of individuals. This paper looks at the implications for the...
Persistent link: https://www.econbiz.de/10010954763
Aphorisms that "Rising tides raise all boats" or that material advances of the rich eventually "Trickle Down" to the poor are really maxims regarding the nature of stochastic processes that underlay the income/wellbeing paths of groups of individuals. This paper looks at the implications for the...
Persistent link: https://www.econbiz.de/10010956065
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Atkinson (1987) proposed stochastic dominance criteria for analysing poverty which, under certain conditions, establish orderings of states for any poverty line and any poverty measure within given class, refocusing debate on the nature of the income distribution of the poor. Employing new...
Persistent link: https://www.econbiz.de/10005252094
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