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Using an extension of Lucas' model of endogenous growth with education externality, we show that an environmental tax may increase growth. This is because the tax makes physical capital accumulation less attractive, thereby correcting for the underinvestment by agents in human capital.
Persistent link: https://www.econbiz.de/10005642160
Although sequential stochastic dominance techniques have been used in the literature to make comparisons of income poverty which are robust to the assumptions made about the economies of scale within households, the techniques could be applied to a much wider set of issues. In this paper, we...
Persistent link: https://www.econbiz.de/10005642176
The evaluation of the poverty impact and targeting performance of a given social program may depend on how other programs are treated in the analysis.Using well-known results from cooperative game theory, this paper proposes an empirically simple yet theoretically sound method for allocating...
Persistent link: https://www.econbiz.de/10005642185
This paper proposes graphical methods to determine whether commodity-tax changes are "socially improving", in the sense of improving social welfare or decreasing poverty for large classes of social welfare and poverty indices. It also derives estimators of critical poverty lines and economic...
Persistent link: https://www.econbiz.de/10005696314
The poverty impact of indirect tax reforms is analyzed using sequential stochastic dominance methods. This allows agents to differ in dimensions that cannot always be precisely captured within the usual money-metric indicators of living standards. Examples of such dimensions include household...
Persistent link: https://www.econbiz.de/10005696413
Income variablity is likely to increase wage inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of wage inequality and data from Mexico, this note shows that safety nets could offset a good part of the impact of risk aversion...
Persistent link: https://www.econbiz.de/10010629689
This note applies tools from the stochastic dominance literature on poverty to environmental data in order to test in a robust way whether over-consumption and thereby depletion of natural resources is increasing over time. The method is illustrated with country data on per capita CO2 emissions.
Persistent link: https://www.econbiz.de/10010629929
Persistent link: https://www.econbiz.de/10005269928
This note applies tools from the stochastic dominance literature on poverty to environmental data in order to test in a robust way whether over-consumption and thereby depletion of natural resources is increasing over time. \ The method is illustrated with country data on per capita CO_{2}...
Persistent link: https://www.econbiz.de/10005467335
Dans cet article, nous analysons l'impact des politiques de transferts publics sur la pauvreté au Canada et aux états-Unis à l'aide de la base de données du Luxembourg Income Study. Pour ce faire, nous utilisons une méthode basée sur la valeur de Shapley afin de pouvoir attribuer à chaque...
Persistent link: https://www.econbiz.de/10005467339