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  • Ferreira, Francisco H. G.
  • Washington, D.C : The World Bank  (23)
  • Cambridge [u.a.] :Cambridge Univ. Press,
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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G The Analysis of Inequality in the Bretton Woods Institutions
    Keywords: Bretton Woods Institutions ; Distribution ; Economics and Institutions ; IMF ; Inequality ; Literature Survey ; Multilateralism ; Poverty Reduction ; Social Development ; Social Inclusion and Institutions ; World Bank ; Macroeconomics and Economic Growth
    Abstract: This paper assesses the evolution of thinking, analysis, and discourse about inequality in the World Bank and the International Monetary Fund since their inception in 1944, on the basis of bibliometric analysis, a reading of the literature, and personal experience. Whereas the Fund was largely unconcerned with economic inequality until the 2000s but has shown a rapidly growing interest since then, the Bank's approach has been characterized by ebbs and flows, with five phases being apparent. The degree of interest in inequality in the two institutions appears to be largely determined by the prevailing intellectual profile of the topic in academic research, particularly in economics, and by ideological shifts in major shareholder countries, propagated downward internally by senior management. Data availability, albeit partly endogenous, also plays a role. Looking ahead, World Bank and International Monetary Fund researchers continue to have an important role to play, despite a much more crowded field in inequality research. The paper suggests that this role involves holding firm to an emphasis on inequality "at the bottom" and highlighting four themes that may deserve special attention
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  • 2
    Language: English
    Pages: 1 Online-Ressource (22 pages)
    Parallel Title: Erscheint auch als Print Version: Ferreira, Francisco H. G Death and Destitution: The Global Distribution of Welfare Losses from the COVID-19 Pandemic
    Abstract: The COVID-19 pandemic has brought about massive declines in well-being around the world. This paper seeks to quantify and compare two important components of those losses'increased mortality and higher poverty-using years of human life as a common metric. The paper estimates that almost 20 million life-years were lost to COVID-19 by December 2020. Over the same period and by the most conservative definition, more than 120 million additional years were spent in poverty because of the pandemic. The mortality burden, whether estimated in lives or years of life lost, increases sharply with gross domestic product per capita. By contrast, the poverty burden declines with per capita national income when a constant absolute poverty line is used, or is uncorrelated with national income when a more relative approach is taken to poverty lines. In both cases, the poverty burden of the pandemic, relative to the mortality burden, is much higher for poor countries. The distribution of aggregate welfare losses-combining mortality and poverty and expressed in terms of life-years -depends on the choice of poverty line(s) and the relative weights placed on mortality and poverty. With a constant absolute poverty line and a relatively low welfare weight on mortality, poorer countries are found to bear a greater welfare loss from the pandemic. When poverty lines are set differently for poor, middle-income, and high-income countries and/or a greater welfare weight is placed on mortality, upper-middle-income and rich countries suffer the most
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  • 3
    Language: English
    Pages: 1 Online-Ressource (61 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G Estimation and Inference for Actual and Counterfactual Growth Incidence Curves
    Abstract: Different episodes of economic growth display widely varying distributional characteristics, both across countries and over time. Growth is sometimes accompanied by rising and sometimes by falling inequality. Applied economists have come to rely on the Growth Incidence Curve, which gives the quantile-specific rate of income growth over a certain period, to describe and analyze the incidence of economic growth. This paper discusses the identification conditions, and develops estimation and inference procedures for both actual and counterfactual growth incidence curves, based on general functions of the quantile potential outcome process over the space of quantiles. The paper establishes the limiting 0 distribution of the test statistics of interest for those general functions, and proposes resampling methods to implement inference in practice. The proposed methods are illustrated by a comparison of the growth processes in the United States and Brazil during 1995-2007. Although growth in the average real wage was disappointing in both countries, the distribution of that growth was markedly different. In the United States, wage growth was mediocre for the bottom 80 percent of the sample, but much more rapid for the top 20 percent. In Brazil, conversely, wage growth was rapid below the median, and negative at the top. As a result, inequality rose in the United States and fell markedly in Brazil
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  • 4
    Language: English
    Pages: 1 Online-Ressource (45 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G Ageing Poorly? Accounting for the decline in earnings inequality in Brazil, 1995-2012
    Abstract: The Gini coefficient of labor earnings in Brazil fell by nearly a fifth between 1995 and 2012, from 0.50 to 0.41. The decline in earnings inequality was even larger by other measures, with the 90-10 percentile ratio falling by almost 40 percent. Although the conventional explanation of a falling education premium did play a role, an RIF regression-based decomposition analysis suggests that the decline in returns to potential experience was the main factor behind lower wage disparities during the period. Substantial reductions in the gender, race, informality and urban-rural wage gaps, conditional on human capital and institutional variables, also contributed to the decline. Although rising minimum wages were equalizing during 2003-2012, they had the opposite effects during 1995-2003, because of declining compliance. Over the entire period, the direct effect of minimum wages on inequality was muted
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  • 5
    Language: English
    Pages: 1 Online-Ressource (40 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G Appraising Cross-National Income Inequality Databases: An Introduction
    Abstract: In response to a growing interest in comparing inequality levels and trends across countries, several cross-national inequality databases are now available. These databases differ considerably in purpose, coverage, data sources, inclusion and exclusion criteria, and quality of documentation. A special issue of the Journal of Economic Inequality, which this paper introduces, is devoted to an assessment of the merits and shortcomings of eight such databases. Five of these sets are microdata-based: CEPALSTAT, Income Distribution Database, Luxembourg Income Study, PovcalNet, and Socio-Economic Database for Latin America and the Caribbean. Two are based on secondary sources: All the Ginis and the World Income Inequality Database; and one is generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database. Although there is much agreement across these databases, there is also a nontrivial share of country/year cells for which substantial discrepancies exist. In some cases, different databases would lead users to radically different conclusions about inequality dynamics in certain countries and periods. The methodological differences that lead to these discrepancies often appear to be driven by a fundamental trade-off between a wish for broader coverage on the one hand, and for greater comparability on the other hand. These differences across databases place considerable responsibility on both producers and users: on the former, to better document and explain their assumptions and procedures, and on the latter, to understand the data they are using, rather than merely taking them as true because available
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  • 6
    Language: English
    Pages: 1 Online-Ressource (42 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G Equality of Opportunity
    Abstract: Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated. This paper-commissioned as a chapter for the Oxford Handbook of Well Being and Public Policy-provides a critical review of the economic literature on equality and inequality of opportunity. A simple 'canonical model' of equal opportunity is proposed, and used to explore the two fundamental concepts in this (relatively) new theory of social justice: the principles of compensation and reward. Ex-ante and ex-post versions of the compensation principle are presented, and the tensions between them are discussed. Different approaches to the measurement of inequality of opportunity-and empirical applications-are reviewed, and implications for the measurement of poverty and of the rate of economic development are discussed
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  • 7
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G Inequality of Opportunity and Economic Growth
    Abstract: Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two new metadata sets, consisting of 118 household surveys and 134 Demographic and Health Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine whether inequality of opportunity-driven by circumstances at birth-has a negative effect on subsequent growth. The results are suggestive but not robust: while overall income inequality is generally negatively associated with growth in the household survey sample, we find no evidence that this is due to the component associated with unequal opportunities. In the Demographic and Health Surveys sample, both overall wealth inequality and inequality of opportunity have a negative effect on growth in some of the preferred specifications, but the results are not robust to relatively minor changes. On balance, although the results are suggestive of a negative association between inequality and growth, the data do not permit robust conclusions as to whether inequality of opportunity is bad for growth
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  • 8
    Language: English
    Pages: Online-Ressource (32 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Brunori, Paolo Inequality of Opportunity, Income Inequality and Economic Mobility
    Abstract: Despite a recent surge in the number of studies attempting to measure inequality of opportunity in various countries, methodological differences have so far prevented meaningful international comparisons. This paper presents a comparison of ex-ante measures of inequality of economic opportunity (IEO) across 41 countries, and of the Human Opportunity Index (HOI) for 39 countries. It also examines international correlations between these indices and output per capita, income inequality, and intergenerational mobility. The analysis finds evidence of a “Kuznets curve” for inequality of opportunity, and finds that the IEO index is positively correlated with overall income inequality, and negatively with measures of intergenerational mobility, both in incomes and in years of schooling. The HOI is highly correlated with the Human Development Index, and its internal measure of inequality of opportunity yields very different country rankings from the IEO measure
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  • 9
    ISBN: 9780821398760
    Language: Spanish
    Pages: 1 Online-Ressource (214 p)
    Series Statement: Latin America and Caribbean Studies
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Tras decadas de estancamiento, la poblacion de clase media en America Latina y el Caribe ha aumentado en un 50%-de aproximadamente 100 millones de personas en 2003 a 150 millones (o un 30% de la poblacion del continente) en 2009. Durante este periodo, el porcentaje de la poblacion pobre disminuyo notablemente, del 44% al 30%. La movilidad economica y el crecimiento de la clase media en America Latina analiza la naturaleza, los determinantes y las posibles consecuencias de este notable proceso de transformacion social. Los autores proponen una original definicion de la clase media, hecha a la medida de America Latina y centrada en el concepto de seguridad economica. Segun esta definicion, el grupo social mas grande de la region actualmente no son ni los pobres ni la clase media, sino un estrato de personas vulnerables situadas entre el umbral de la pobreza y los requisitos minimos para disfrutar de un modo de vida mas seguro, propio de la clase media. El auge de la clase media refleja los cambios recientes en la movilidad economica. La movilidad intergeneracional-un concepto contrario a la desigualdad de oportunidades-ha mejorado ligeramente pero sigue siendo muy limitada. Tanto el nivel educativo como los logros educativos siguen siendo sumamente dependientes del nivel de escolarizacion de los padres. Sin embargo, se ha producido un aumento real de la movilidad de los ingresos. En los ultimos 15 anos, al menos el 43% de los habitantes de America Latina ha cambiado de clase social, en la mayoria de los casos en un sentido ascendente. Los autores sostienen que hay numerosos beneficios potenciales en el auge de esta clase media, si bien advierten que la materializacion de esos beneficios depende en gran medida de que los paises consigan anclar la clase media en torno a un nuevo contrato social, mas cohesivo, que ponga de relieve la necesidad de incluir a todos aquellos que han quedado rezagados. La movilidad economica y el crecimiento de la clase media en America Latina despertara un gran interes entre los responsables de las politicas en America Latina y en otras regiones, entre los funcionarios de las instituciones multilaterales y entre estudiantes y docentes de economia, politicas publicas y ciencias sociales
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    ISBN: 9780821396346
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank Latin American and Caribbean studies
    DDC: 305.5/5098
    Keywords: Households Economic aspects ; Income ; Middle class ; Occupational mobility ; Social mobility
    Note: Includes bibliographical references , IntroductionEconomic mobility and the middle class: concepts and measurement -- Mobility across generations -- Mobility within generations -- The rising Latin American and Caribbean middle class -- The middle class and the social contract in Latin America
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Edition: Online edition s.l.
    Series Statement: World Bank Latin American and Caribbean studies
    Series Statement: World Bank eLibrary
    DDC: 305.5/5098
    Keywords: Households / Economic aspects / Latin America ; Income / Latin America ; Middle class / Latin America ; Occupational mobility / Latin America ; Social mobility / Latin America ; Latin America / Economic conditions
    Description / Table of Contents: IntroductionEconomic mobility and the middle class: concepts and measurement -- Mobility across generations -- Mobility within generations -- The rising Latin American and Caribbean middle class -- The middle class and the social contract in Latin America.
    Note: Includes bibliographical references
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  • 12
    Language: English
    Pages: Online-Ressource (18 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G Multidimensional Poverty Analysis
    Abstract: Widespread agreement that poverty is a multifaceted phenomenon, encompassing deprivations along multiple dimensions, clashes with often vociferous disagreement about how best to measure these deprivations. Drawing on the recent literature, this short note proposes three methodological alternatives to the false dichotomy between scalar indices of multidimensional poverty, on the one hand, and a "dashboard" approach that looks only at marginal distributions, on the other. These alternatives include simple Venn diagrams of the overlap of deprivations across dimensions, multivariate stochastic dominance analysis, and the analysis of copula functions, which capture the extent of interdependency across dimensions. Examples from the literature on both developing and developed countries are provided
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  • 13
    Language: English
    Pages: Online-Ressource (43 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G The Measurement of Educational Inequality
    Abstract: This paper proposes two related measures of educational inequality: one for educational achievement and another for educational opportunity. The former is the simple variance (or standard deviation) of test scores. Its selection is informed by consideration of two measurement issues that have typically been overlooked in the literature: the implications of the standardization of test scores for inequality indices, and the possible sample selection biases arising from the Program of International Student Assessment (PISA) sampling frame. The measure of inequality of educational opportunity is given by the share of the variance in test scores that is explained by pre-determined circumstances. Both measures are computed for the 57 countries in which PISA surveys were conducted in 2006. Inequality of opportunity accounts for up to 35 percent of all disparities in educational achievement. It is greater in (most of) continental Europe and Latin America than in Asia, Scandinavia, and North America. It is uncorrelated with average educational achievement and only weakly negatively correlated with per capita gross domestic product. It correlates negatively with the share of spending in primary schooling, and positively with tracking in secondary schools
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  • 14
    Language: English
    Pages: Online-Ressource (44 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G Rising Food Prices and Household Welfare
    Abstract: Food price inflation in Brazil in the twelve months to June 2008 was 18 percent, while overall inflation was 5.3 percent. This paper uses spatially disaggregated monthly data on consumer prices and two different household surveys to estimate the welfare consequences of these food price increases, and their distribution across households. Because Brazil is a large food producer, with a predominantly wage-earning agricultural labor force, our estimates include general equilibrium effects on market and transfer incomes, as well as the standard estimates of changes in consumer surplus. While the expenditure (or consumer surplus) effects were large, negative and markedly regressive everywhere, the market income effect was positive and progressive, particularly in rural areas. Because of this effect on the rural poor, and of the partial protection afforded by increases in two large social assistance benefits, the overall impact of higher food prices in Brazil was U-shaped, with the middle-income groups suffering larger proportional losses than the very poor. Nevertheless, since Brazil is 80 percent urban, higher food prices still led to a greater incidence and depth of poverty at the national level
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  • 15
    Language: English
    Pages: Online-Ressource (35 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Ferreira , Francisco H. G Distributions in motion
    Abstract: The joint determination of aggregate economic growth and distributional change has been studied empirically from at least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and growth rates has generated some interesting stylized facts about the correlations between these variables, but has not shed much light on the underlying determinants. "Meso-" and microeconomic approaches have fared somewhat better. The microeconomic approach, in particular, builds on the observation that growth, changes in poverty, and changes in inequality are simply different aggregations of information on the incidence of economic growth along the income distribution. This paper reviews the evolution of attempts to understand the nature of growth incidence curves, from the statistical decompositions associated with generalizations of the Oaxaca-Blinder method, to more recent efforts to generate "economically consistent" counterfactuals, drawing on structural, reduced-form, and computable general equilibrium models
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: This paper seeks to measure inequality of opportunity for education in turkey, taking into account both the quantity (attainment) and the quality of schooling (achievement). Using DHS data, large gaps in age-enrollment profiles are documented across genders, regions, and family backgrounds. The gender gap is particularly pronounced in the Easter provinces, in rural areas, and for poorer and larger households. PISA data show that morally irrelevant circumstances also affect achievement. The lower bound for the share of the variance in test scores that is accounted for by such circumstances in between a quarter and a third, depending on the subject and on the procedure adopted to correct for sample selection. Among those circumstances, family background variables such as parental education, father's occupation and the ownership of books, cultural possessions and electronics, seem to account for the largest inequality shares. Once the composition of families is controlled for, spatial location is considerably less important
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: Using information on asset ownership, housing quality, and access to services to construct an indicator of household wealth, the author estimates the share of inequality among prime-age Turkish women that can be attributed to unequal opportunities. Both parametric and non-parametric estimation methods are used, and robustness to some sample redefinitions is verified. The author find that at least one-third (one-fourth) of overall wealth (imputed consumption) inequality in Turkey is associated with morally irrelevant, pre-determined circumstances. The circumstances that account for the largest share of the variance are rural or urban birth area and father's education. Controlling for rural birth, parents' education, language spoken at home, and number of siblings, a three-way regional breakdown of birthplace is not an important predictor of wealth. An opportunity deprivation profile reveals that more than two thirds of the most deprived group in Turkey consists of women born in the rural areas of the Eastern region, from mothers with no formal education
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  • 18
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Aran, Meltem Measuring Inequality of Opportunity With Imperfect Data
    Abstract: The measurement of inequality of opportunity has hitherto not been attempted in a number of countries because of data limitations. This paper proposes two alternative approaches to circumventing the missing data problems in countries where a demographic and health survey and an ancillary household expenditure survey are available. One method relies only on the demographic and health survey, and constructs a wealth index as a measure of economic advantage. The alternative method imputes consumption from the ancillary survey into the demographic and health survey. In both cases, the between-type share of overall inequality is computed as a lower bound estimator of inequality of opportunity. Parametric and non-parametric estimates are calculated for both methods, and the parametric approach is shown to yield preferable lower-bound measures. In an application to the sample of ever-married women aged 30-49 in Turkey, inequality of opportunity accounts for at least 26 percent (31 percent) of overall inequality in imputed consumption (the wealth index)
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  • 19
    Language: English
    Pages: Online-Ressource (41 p)
    Edition: 2010 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H.G Social Protection in Latin America
    Abstract: Social protection systems in Latin America have been transformed in the past two decades. Until the 1980s, those who were not covered by the social security arrangements available primarily in the urban formal sector received little public assistance beyond universal subsidies for some food or fuel purchases. Since the 1990s, the introduction of non-contributory social insurance programs (including "social pensions") and conditional cash transfers has substantially extended the coverage and improved the incidence of social assistance. However, the organic growth of subsidized social assistance in parallel to the older social insurance system, financed largely out of taxes on formal sector employment, has led to a dual system that is neither properly equitable nor efficient. The twin challenges that now face social protection in Latin America are to better integrate those two halves of the system, and to develop programs that promote sustainable self-reliance, by moving from "safety nets" to "opportunity ropes
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  • 20
    Language: English
    Pages: Online-Ressource (41 p)
    Edition: 2009 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G Own and Sibling Effects of Conditional Cash Transfer Programs
    Keywords: Bildungsverhalten ; Öffentliche Sozialleistungen ; Kambodscha
    Abstract: Conditional cash transfers have been adopted by a large number of countries in the past decade. Although the impacts of these programs have been studied extensively, understanding of the economic mechanisms through which cash and conditions affect household decisions remains incomplete. This paper uses evidence from a program in Cambodia, where eligibility varied substantially among siblings in the same household, to illustrate these effects. A model of schooling decisions highlights three different effects of a child-specific conditional cash transfer: an income effect, a substitution effect, and a displacement effect. The model predicts that such a conditional cash transfer will increase enrollment for eligible children - due to all three effects - but have an ambiguous effect on ineligible siblings. The ambiguity arises from the interaction of a positive income effect with a negative displacement effect. These predictions are shown to be consistent with evidence from Cambodia, where the child-specific program makes modest transfers, conditional on school enrollment for children of middle-school age. Scholarship recipients were more than 20 percentage points more likely to be enrolled in school and 10 percentage points less likely to work for pay. However, the school enrollment and work of ineligible siblings was largely unaffected by the program
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  • 21
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G Global Poverty And Inequality
    Keywords: Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor ; Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor ; Developing countries ; Distributional change ; Equity and Development ; Growth elasticity ; Household surveys ; Income ; Income inequality ; Inequality ; Inequality ; Mean income ; Policy ReseaRch ; Poverty Impact Evaluation ; Poverty Reduction ; Poverty reduction ; Pro-Poor Growth ; Services and Transfers to Poor
    Abstract: Drawing on a compilation of data from household surveys representing 130 countries, many over a period of 25 years, this paper reviews the evidence on levels and recent trends in global poverty and income inequality. It documents the negative correlations between both poverty and inequality indices, on the one hand, and mean income per capita on the other. It points to the dominant role of Asia in accounting for the bulk of the world's poverty reduction since 1981. The evolution of global inequality in the last decades is also described, with special emphasis on the different trends of inequality within and between countries. The statistical relationships between growth, inequality and poverty are discussed, as is the correlation between inequality and the growth elasticity of poverty reduction. Some of the recent literature on the drivers of distributional change in developing countries is also reviewed
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  • 22
    Language: English
    Pages: Online-Ressource (1 online resource (55 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G The Measurement of Inequality of Opportunity
    Keywords: Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy ; Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy ; Consumption ; Economic Theory and Research ; Economic inequality ; Equity and Development ; Gender ; Gender and ; Gender and Law ; Household income ; Income differences ; Incomes ; Inequality ; Inequality ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Multiple equilibria ; Policy research ; Poverty Impact Evaluation ; Poverty Reduction ; Product ; Public Sector Development ; Public policy ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Trade Policy
    Abstract: What part of the inequality observed in a particular country is due to unequal opportunities, rather than to differences in individual efforts or luck? This paper estimates a lower bound for the opportunity share of inequality in labor earnings, household income per capita and household consumption per capita in six Latin American countries. Following John Roemer, the authors associate inequality of opportunity with outcome differences that can be accounted for by morally irrelevant pre-determined circumstances, such as race, gender, place of birth, and family background. Thus defined, unequal opportunities account for between 24 and 50 percent of inequality in consumption expenditure in the sample. Brazil and Central America are more opportunity-unequal than Colombia, Ecuador, or Peru. "Opportunity profiles," which identify the social groups with the most limited opportunity sets, are shown to be distinct from poverty profiles: ethnic origin and the geography of birth are markedly more important as determinants of opportunity deprivation than of outcome poverty, particularly in Brazil, Guatemala, and Peru
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  • 23
    Language: English
    Pages: Online-Ressource (1 online resource (47 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferreira, Francisco H.G Poverty Reduction Without Economic Growth ?
    Keywords: Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security ; Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security ; Agricultural Growth ; Economic Growth ; Human Capital ; Human Development ; Inequality ; Poor ; Poverty Dynamics ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Social Assistance ; Social Security
    Abstract: Brazil's slow pace of poverty reduction over the last two decades reflects both low growth and a low growth elasticity of poverty reduction. Using GDP data disaggregated by state and sector for a twenty-year period, this paper finds considerable variation in the poverty-reducing effectiveness of growth-across sectors, across space, and over time. Growth in the services sector was substantially more poverty-reducing than was growth in either agriculture or industry. Growth in industry had very different effects on poverty across different states and its impact varied with initial conditions related to human development and worker empowerment. The determinants of poverty reduction changed around 1994: positive growth rates and a greater (absolute) elasticity with respect to agricultural growth contributed to faster poverty reduction. But because there was so little of it, economic growth played a relatively small role in accounting for Brazil's poverty reduction between 1985 and 2004. The taming of hyperinflation (in 1994) and substantial expansions in social security and social assistance transfers, beginning in 1988, accounted for a larger share of the overall reduction in poverty
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