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Questions tagged [poverty]

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Proof of FGT decomposition

This question is related to development economics. The FGT poverty measure can be decomposed into the headcount ratio, the coefficient of variation and income gap ratio. Is there a proof for this? I ...
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2answers
129 views

Why don't economists recommend voluntary childlessness to fight poverty?

Please see the titled question. Poverty obviously demands pressing solutions, let alone a stopgap. Dasgupta beneath refers to "the best Desta’s world can do": isn't Voluntary childlessness and ...
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How Africans use their wages?

I was researching poverty in Africa and was reading about their daily wages. Based on the article linked, 2/3 of Africans live on less than $1.25 USD, a day. However, what this article and many ...
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1answer
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How is infant mortality rate an indicator of living standards?

My textbook says, "Some of the best indicators of living standards are the average life expectancies and infant mortality rates already mentioned." How does babies not dying within their first year ...
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Relative Poverty (RP) vs. Severe Material Deprivation (SMD)

In developed countries, RP ratios are higher than SMD ratios while in developing countries the reverse of it was observed.
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2answers
125 views

What's the Cause of Mexico's Poverty Rate?

According to various sources (source listed in parentheses): Mexico's unemployment rate is 3.3% (Trading Economics) Mexico's literacy rate is 94.5% (Statistica) Mexico's upper secondary graduation ...
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3answers
45 views

Why are capital gains not counted in a poverty status calculation?

So according to the US census office capital gains are not included when trying to figure out if a household is living in poverty. Does this mean if I have one billion dollars in index funds that I am ...
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2answers
76 views

How many people in the world were living below 15 dollars a day in the last decades?

The question I really want to make is if poverty is decreasing of increasing worldwide, but since I guess there is no way to objectively define poverty, that question doesn't fit in here. I was always ...
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10answers
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People pathologically hoard so much cash that they impoverish the entire nation

"If a man has an apartment stacked to the ceiling with newspapers we call him crazy. If a woman has a trailer house full of cats we call her nuts. But when people pathologically hoard so much cash ...
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2answers
197 views

Are American poverty rates increasing? What about global poverty rates

http://www.npc.umich.edu/poverty/ https://www.census.gov/data/tables/time-series/demo/income-poverty/historical-poverty-people.html I have heard numerous times that the future has gotten better. ...
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0answers
59 views

Is there proof that today more than 50% of the lowest income society lives worse than 50 years ago

The Economist on 12.11.2016 number (first number after getting US election results) wrote: "In real terms median male earnings are still lower than they were in the 1970s. In the past 50 years, ...
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2answers
55 views

Is poverty rightly measured internationally?

According to the World Bank, Argentina has 3.63% or people living in poverty. As a subjective assessment of someone living there, this is completely ridiculous. Rates measured by Argentine government ...
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3answers
155 views

Why do cities with rich areas still contain poor areas?

A cynic would attribute the disparity (and the failures to gentrify) to indifference or inattention, (or worse) disdaining neglect or ignoring, by the politicians and rich of the poor in the poor ...
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1answer
44 views

Effect on GINI of eliminating poverty in China

China eliminated extreme urban poverty this year and is on schedule to eliminate it in the rest of the country by the end of 2020. How do I calculate the approximate impact of this change for China'...
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0answers
77 views

Economic Effects of BIM [closed]

The Boston Consulting Group has suggested BIM will save the Construction Industry $1.7 trillion /pa and increasing by 2025. What effect will this have, if any, on social issues such as poverty, on ...
6
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2answers
167 views

Can savings and poverty coexist?

Many governments try to decrease savings in the economy so that recessions do not occur. Does it make sense for savings and poverty to coexist though at significant scales? Let's say a population was ...
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1answer
69 views

Is there a study of world poverty rates over time pre 1800?

There seems to be research showing that world poverty rates have declined since 1800, see eg this. Is there any research on world poverty rates before this period? I am guessing that during this ...
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0answers
138 views

Is it likely as automation continues to make more jobs obselete, starvation and poverty levels will rise very badly? [duplicate]

I wanted to know facts, thoughts and such since this article (which was big news that trended this week) popped up: http://www.nbcnews.com/tech/tech-news/robot-may-take-your-job-next-few-years-n499556 ...
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33 views

More privileges to the rich and less rights for the poor in the Great Depression?

I would like to know if in the Great Depression (1930s) the government of US and other Western governments increased the taxes for the poor or if they reduced the incomes and the rights of the poor. ...
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Are things any better in what society considers “third world countries” as they were years ago? If things are better, how did they improve and why?

For years I've seen non-stop commercials of countries in the continent of Africa showing kids who live in sewage huts, parents are dead, war gangs and criminals rule their lives. Like in Captain ...
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2answers
106 views

If America's economy collapsed what would happen to all of the citizens? What if the whole global economy collapsed? [closed]

My journalism professor is not an expert in finance or economics but has studied history. She is always giving us a negative lecture on the America's economy and how the rich are taking al of the ...
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1answer
183 views

What is a good AUSTERITY indicator?

I am writing a paper on European poverty and I am using a treatment control setup similar to Difference-in-Difference methods. Now, since the data I am using is rather recent, I would like to ...
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2answers
69 views

Proving or disproving hypothesis?

I took statistics class years ago in my college and I don't remember much of it now. I am into public policy research now and I am bit confused about about what conclusion to make from available ...
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75 views

Why is poverty worse in larger cities?

In inner cities in the US there is more poverty (as a proportion of the population) than in mid-sized cities or small towns. Do we have a definitive answer as to why this is?
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2answers
277 views

How much would it take to end global extreme poverty?

E.g., according to this page, Jeffrey Sachs estimated that it would take $175bn/year for 20 years to do so. What are some other estimates?
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2answers
144 views

Erik Reinert's conclusions and experiments in economics

I have just read Erik Reinert's, "How Rich Countries Got Rich… and Why Poor Countries Stay Poor". Can anybody advise me some further reading on this topic? I wonder, in particular, if there were ...
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3answers
56 views

Why is it that poverty incidence is high in the agricultural sector?

I read this article earlier, and the "experts" there say: "The incidence of poverty is very high in agriculture because of its low productivity." "The incidence of poverty is very high in ...
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2answers
116 views

Is this a realistic solution to world poverty?

The idea: By convincing the U.S. that ending world poverty would actually return so much money back to the U.S. that it would more than compensate for the cost of providing the resources needed to end ...
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2answers
370 views

Why some countries are wealthier than others?

Twin-peak of economic growth is one of the concepts discussed in economics. Most of explanations for poverty traps are baseed on the lack of infrastructures and public goods. How could be another main ...
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2answers
361 views

$1.25 PPP per day poverty threshold - What precisely does it mean?

As Wikipedia states: In 2008, the World Bank came out with a revised figure of $1.25 at 2005 purchasing-power parity (PPP). (Update: In 2015, this was updated to $\$1.90$ at 2015 PPP.) Wikipedia ...
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3answers
230 views

Influential Theory in the Economics of Poverty

As far as I can tell, research on the economics of poverty is very empirically driven, and this is probably appropriate. What kind of economic theory has been developed though? I'd also be interested ...