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Full-Text Articles in Income Distribution
Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards
Does Family Income Determine A Children Future Educational Attainment Level?, Diaisha T. Richards
Applied Economics Theses
Family income and education have been a major concern in a variety of researches, and as a topic in society. These two components are a major concern because they are known to be key elements in determining future success for an individual. Various studies investigated the significance, correlations and impacts these two factors have on one another. It is common for the amount of family income obtained to determine how much education one will receive in the future. This study focuses on testing the hypothesis that family income determines how much education a child will receive in the future. By …
A New Approach To Measuring Poverty In The United States: A Household's Ability To Consume, David Ashelman
A New Approach To Measuring Poverty In The United States: A Household's Ability To Consume, David Ashelman
Applied Economics Theses
The definition of poverty is a social construct. As such, quantitatively measuring poverty is problematic, and creates ineffective poverty-alleviation policy. This thesis examines the historical measure of poverty in the United States, compares U.S. poverty measurements to Great Britain and Canada, and then proposes a new way to measure poverty. Instead of measuring income as the defining factor of poverty, the new poverty measurement suggested eliminates income factors and focuses on a household’s ability to consume in a non-comparative manner. When quantifying a household’s ability to consume, implications arise in economic policy for anti-poverty programs, defining the middle class, minimum …