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inflation and measures welfare changes using the compensating variation and equivalent incomes in a cross-national comparative … perspective. The impact of inflation depends on good-specific price increases and budget shares. Budget shares for necessities (e … necessities has resulted in higher inflation in poorer countries. Counter to the media narrative, the distributional impact is …
Persistent link: https://www.econbiz.de/10013460152
This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to … quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis … confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households …
Persistent link: https://www.econbiz.de/10014388666
changes. This paper explores the impact of inflation and uses compensating variations and equivalized incomes to measure … shifts in welfare in a cross-country comparative context. The effects of inflation are closely related to specific price … originally thought. Nevertheless, there are notable differences across countries in the level of inflation, its composition, and …
Persistent link: https://www.econbiz.de/10014431781
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013093036
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013169954
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...
Persistent link: https://www.econbiz.de/10012172471
,600 estimated Gini coefficient, we review the measurement of income inequality in Latin America and the Caribbean over the last …
Persistent link: https://www.econbiz.de/10014550818
This paper seeks to understand whether the way in which inequality is communicated through measurements influences individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality, such as the Gini coefficient, fall short of...
Persistent link: https://www.econbiz.de/10014314736
The isograph methodology is developed here with associated distributions, indicators of inequality, additional results, and is implemented on 53 LIS countries (with an annex covering 655 LIS country-year samples). The gb2 and other classical distributions (FC, Dagum, SinghMaddala) are presented...
Persistent link: https://www.econbiz.de/10014455258