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"Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition - the growth rate in the average income of the poorest 40 percent of a country's population - and describes its origins. The paper discusses...
Persistent link: https://www.econbiz.de/10011871444
This paper uses sequential stochastic dominance procedures to compare the joint distribution of health and income across space and time. It is the first application of which we are aware of methods to compare multidimensional distributions of income and health using procedures that are robust to...
Persistent link: https://www.econbiz.de/10005015293
In recent years, an ample literature has emerged on the evolution of global inequality during the last two decades. A few stylized facts emerge. If one weights countries by their population, then inequality across countries has declined. However, if one treats countries equally – as in the...
Persistent link: https://www.econbiz.de/10005022496
This paper uses sequential stochastic dominance procedures to compare the joint distribution of health and income across space and time. It is the first application of which we are aware of methods to compare multidimensional distributions of income and health using procedures that are robust to...
Persistent link: https://www.econbiz.de/10010547345
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10012912242
It is well known that income and health are positively associated. Much less is known about the strength of this association in times of growth and recession. We develop a novel decomposition method that focuses on isolating the roles played by government transfers versus market transfers on...
Persistent link: https://www.econbiz.de/10012912841
This paper examines the relationship between culture and redistribution, focusing on the individualism-collectivism dimension of culture. Perhaps surprisingly, countries with more individualistic cultures have significantly greater income redistribution and lower levels of after-tax income...
Persistent link: https://www.econbiz.de/10012966697
This paper focuses on the change in the distribution of consumption in Argentina in the last decade and evaluates the distributional impact of relative price changes to address one dimension of the distributional consequences of massive privatization and de-regulation. The approach used is based...
Persistent link: https://www.econbiz.de/10014184739
This Article presents an original empirical analysis demonstrating that low-income families experience far greater income fluctuations than higher-income families and, as a result, taxation of annual income disproportionately burdens low-income families. The author proposes two simple income...
Persistent link: https://www.econbiz.de/10014194263
The paper proposes a measure of countries' welfare based on individuals' lifetime utility and applies it to a large sample of countries in the period 1960-2000. Even though welfare inequality across countries appeared stable, the distribution dynamics points out the emergence of three clusters....
Persistent link: https://www.econbiz.de/10014199857