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inequality relate to changes in consumption and poverty. In addition, we examine whether there has been convergence in inequality …Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only … anecdotal evidence, and the limitation in how inequality was estimated in the past literature are the motivation for our …
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poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …
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. -- prospect theory ; poverty ; inequality ; welfare measurement ; vulnerability …This paper examines the measurement of social welfare, poverty and inequality taking into account features that have …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in prospect theory - to social welfare measurement. We …
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