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Author: François Bourguignon Publisher: World Bank Publications ISBN: Category : Absolute Poverty Languages : en Pages : 58
Book Description
Abstract: Bourguignon, Ferreira, and Leite develop a microeconometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, they also estimate statistical models for occupational choice and for conditional distributions of education, fertility, and nonlabor incomes. The authors import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows them to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares because of differences in the structure of labor market returns (price effects), differences in the occupational structure, and differences in the underlying distribution of assets (endowment effects). The authors apply the method to the differences between the Brazilian income distribution and those of Mexico and the United States, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of nonlabor income, mainly pensions. This paper is a product of the Research Advisory Staff. The authors may be contacted at fbourguignon@@worldbank.org, fferreira@@econ.puc-rio.br or phil@@econ.puc-rio.br.
Author: François Bourguignon Publisher: World Bank Publications ISBN: Category : Absolute Poverty Languages : en Pages : 58
Book Description
Abstract: Bourguignon, Ferreira, and Leite develop a microeconometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, they also estimate statistical models for occupational choice and for conditional distributions of education, fertility, and nonlabor incomes. The authors import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows them to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares because of differences in the structure of labor market returns (price effects), differences in the occupational structure, and differences in the underlying distribution of assets (endowment effects). The authors apply the method to the differences between the Brazilian income distribution and those of Mexico and the United States, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of nonlabor income, mainly pensions. This paper is a product of the Research Advisory Staff. The authors may be contacted at fbourguignon@@worldbank.org, fferreira@@econ.puc-rio.br or phil@@econ.puc-rio.br.
Author: Francisco H. G. Ferreira Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper develops a micro-econometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, we also estimate statistical models for occupational choice and for the conditional distributions of education, fertility and non-labor incomes. We import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows us to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares due to differences in the structure of labor market returns (price effects); differences in the occupational structure; and differences in the underlying distribution of assets (endowment effects). We apply the method to the differences between the Brazilian income distribution and those of the United States and Mexico, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of non-labor income, mainly pensions.
Author: Cathal O'Donoghue Publisher: Oxford University Press ISBN: 0192594346 Category : Business & Economics Languages : en Pages : 336
Book Description
The purpose of this book is to bring together, for the first time, a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy. The book aims to provide a greater degree of codified knowledge by providing a practical guide to developing and using microsimulation models. At present, the training of researchers and analysts that use and develop microsimulation modelling is done on a relatively ad hoc basis through occasional training programmes and lecture series, built around lecture notes. Practical Microsimulation Modelling enables a more formalised and organised approach. Each chapter addresses a separate modelling approach in a similar consistent way, describing in a practical way the key methodological skills for each approach.
Author: François Bourguignon Publisher: World Bank Publications ISBN: 9780821358610 Category : Business & Economics Languages : en Pages : 438
Book Description
This book is about how the distribution of income changes during the process of income development. Understanding development and the process of poverty reduction requires understanding not only how total income grows but also how its distribution behaves over time. The authors propose a decomposition of differences in entire distributions of household incomes, shedding new light on the powerful, and often conflicting, forces that underpin the changes in poverty and inequality that accompany the process of economic development. This approach is applied to three East Asian countries -- Indonesia, Malaysia, and China -- and to four in Latin America -- Argentina, Brazil, Colombia, and Mexico.
Author: Gabriela Inchauste Publisher: World Bank Publications ISBN: 1464803005 Category : Social Science Languages : en Pages : 191
Book Description
The 2015 Millennium Development Goal to cut in half the share of the world’s population living in extreme poverty was met with time to spare. By 2013, the percentage of developing-country populations living in extreme poverty decreased from 43 percent in 1990 to 21 percent by 2010. Clearly, there is still a long way to go, with 1.2 billion people without enough to eat. What can we learn from the recent success? This volume presents recent methods to decompose the contributions to poverty reduction. What was the main contributor to poverty reduction? Using a simple accounting approach, we find that labor income growth was the largest contributor to moderate poverty reduction for a group of 21 countries with substantial reductions in poverty over the past decade. Moreover, in most cases, it was the growth in income per worker that contributed the most to poverty reduction, rather than an increase in employment. Changes in demographics, public transfers and remittances helped, but made relatively smaller contributions to poverty reduction. Public transfers were important in reducing extreme poverty, pointing to the crucial role of social protection systems. How was labor income growth able to reduce poverty? After a review of the literature, a structural decomposition method is presented and implemented in three countries. The results show that that labor income grew mainly because of higher returns to human capital endowments. This could signal increases in productivity, a higher relative price of labor, or both. In Bangladesh and Peru, this was driven by higher returns to workers with low levels of education, which may have partly been driven by higher food prices. In contrast, in Thailand, poverty fell partly due to increasing returns to education.
Author: John A. Bishop Publisher: Emerald Group Publishing ISBN: 0857241451 Category : Business & Economics Languages : en Pages : 281
Book Description
Contains papers from the Society for the Study of Economic Inequality's third meeting held in Buenos Aries, Argentina, in July 2009. This title focuses on a number of Latin American countries, on the understudied topics of poverty and inequality in these areas.
Author: Publisher: World Bank Publications ISBN: 9780821358801 Category : Business & Economics Languages : en Pages : 308
Book Description
What makes Brazil so unequal? This title looks at this question and shows how inequalities weaken Brazil's economic development and what are the best policy options to reduce this inequity.
Author: Bill Pritchard Publisher: Routledge ISBN: 1136304800 Category : Social Science Languages : en Pages : 208
Book Description
Food security is one of the twenty-first century’s key global challenges, and lessons learned from India have particular significance worldwide. Not only does India account for approximately one quarter of the world’s under-nourished persons, it also provides a worrying case of how rapid economic growth may not provide an assumed panacea to food security. This book takes on this challenge. It explains how India’s chronic food security problem is a function of a distinctive interaction of economic, political and environmental processes. It contends that under-nutrition and hunger are lagging components of human development in India precisely because the interfaces between these aspects of the food security problem have not been adequately understood in policy-making communities. Only through an integrative approach spanning the social and environmental sciences, are the fuller dimensions of this problem revealed. A well-rounded appreciation of the problem is required, informed by the FAO’s conception of food security as encompassing availability (production), access (distribution) and utilisation (nutritional content), as well as by Amartya Sen’s notions of entitlements and capabilities.
Author: François Bourguignon
Author: François Bourguignon
Author: 
Author: Francisco H. G. Ferreira
Author: Francois Bourguignon
Author: Cathal O'Donoghue
Author: François Bourguignon
Author: Gabriela Inchauste
Author: John A. Bishop
Author: 
Author: Bill Pritchard