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文章基本信息

  • 标题:Inequality and Poverty When Effort Matters
  • 本地全文:下载
  • 作者:Ravallion, Martin
  • 期刊名称:Econometrics
  • 印刷版ISSN:2225-1146
  • 出版年度:2017
  • 卷号:5
  • 期号:4
  • 页码:1-19
  • 出版社:MDPI, Open Access Journal
  • 摘要:On the presumption that poorer people tend to work less, it is often claimed that standard measures of inequality and poverty are overestimates. The paper points to a number of reasons to question this claim. It is shown that, while the labor supplies of American adults have a positive income gradient, the heterogeneity in labor supplies generates considerable horizontal inequality. Using equivalent incomes to adjust for effort can reveal either higher or lower inequality depending on the measurement assumptions. With only a modest allowance for leisure as a basic need, the effort-adjusted poverty rate in terms of equivalent incomes rises.
  • 关键词:equivalent income; welfare; inequality; poverty; labor supply
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