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inequality, and social welfare at the steady state. The laissez-faire situation is taken as the bench mark. …
Persistent link: https://www.econbiz.de/10004985136
-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of … deprivation. We show that the non-deprivation quasi-ordering obeys a weaker version of the principle of transfers: welfare … individuals and allocated to one arbitrary poorer individual. We identify the subclass of extended Gini social welfare functions …
Persistent link: https://www.econbiz.de/10010335534
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516222
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10012148202
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516605
This paper presents findings on the changing effectiveness of cash transfers and income taxes on inequality and poverty … and inequality. The strength of the relationship varies between countries and in some cases between the all age and the …
Persistent link: https://www.econbiz.de/10011289926
from each other. The imputed income from publicly provided education reduces inequality by between 3 and 4 Gini points and …
Persistent link: https://www.econbiz.de/10012156486
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …
Persistent link: https://www.econbiz.de/10012008734
On the presumption that poorer people tend to work less, it is often claimed that standard measures of inequality and … horizontal inequality. Using equivalent incomes to adjust for effort can reveal either higher or lower inequality depending on …
Persistent link: https://www.econbiz.de/10011781941
2000s. Since the recession, there was a rise in inequality and poverty levels and aggregate welfare decreased. While … transfers and unemployment compensation failed to address rising inequality and poverty in any significant way. At the same time …, Social Security contributed to surprisingly large increases in inequality due to the rise in pensions to the well …
Persistent link: https://www.econbiz.de/10012308580