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Income Distribution Commons™

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2023

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Articles 1 - 30 of 47

Full-Text Articles in Income Distribution

External Debt Pass-Through To Inflation In Nigeria, Emmanuel A. Asue, James V. Ikyaator Dec 2023

External Debt Pass-Through To Inflation In Nigeria, Emmanuel A. Asue, James V. Ikyaator

CBN Journal of Applied Statistics (JAS)

This study examines external debt pass-through to inflation in Nigeria using annual data from 1981 to 2020 based on structural vector autoregressive (SVAR) model. The results reveal that an increase in external debt service leads to a significant depreciation of the exchange rate, which leads to a contemporaneous increase in inflation, while the direct response of inflation to external debt is statistically not significant. The impulse response confirms these results. The forecast error variance decomposition depicts that future values of official exchange rate depend on external debt, inflation and external debt service. The study recommends that the Nigerian government should …

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Financial Inclusion And Poverty Reduction In Nigeria: The Role Of Microfinance Institutions, Okwudili W. Ugwuoke, Oliver E. Ogbonna, Aye-Agele Freeman Dec 2023

Financial Inclusion And Poverty Reduction In Nigeria: The Role Of Microfinance Institutions, Okwudili W. Ugwuoke, Oliver E. Ogbonna, Aye-Agele Freeman

CBN Journal of Applied Statistics (JAS)

This study investigates the role of microfinance institutions as a vehicle for driving financial inclusion and alleviating poverty in Nigeria using the EFinA 2018 household survey data. The probit model, propensity score matching, and average treatment effect methods are applied for the analyses. The study finds that financial inclusion driven by access to, and usage of products/services provided by microfinance institutions reduces poverty. The study recommends among others the need for increased access to microfinance products/services and an integrated poverty reduction policies that identifies microfinance institutions as a critical enabler

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The Effect Of Conditional Cash Transfers On The Prepaid And Postpaid Expenditures Of Internet And Cellular Services: The Case Of Filipino Households, Krisann Carmina G. Caoile, Edgar Desher P. Empeño, Raphael Manuel P. Ramos, Marie Angeline A. Trinidad, Myrna S. Austria, Ma. Ella Oplas, Tereso S. Tullao Jr, Winfred M. Villamil Dec 2023

The Effect Of Conditional Cash Transfers On The Prepaid And Postpaid Expenditures Of Internet And Cellular Services: The Case Of Filipino Households, Krisann Carmina G. Caoile, Edgar Desher P. Empeño, Raphael Manuel P. Ramos, Marie Angeline A. Trinidad, Myrna S. Austria, Ma. Ella Oplas, Tereso S. Tullao Jr, Winfred M. Villamil

Angelo King Institute for Economic and Business Studies (AKI)

Technology has been playing a large role in the lives of households regardless of income. How, then, do poor families value the importance of internet and cellular services due to the existence of outcome-improving or outcome-worsening effects associated with these services? At the same time, since the Pantawid Pamilyang Pilipino Program (4Ps) substantially affects its beneficiaries’ household expenditures, assessing its effectiveness concerning its objectives is important. Most literature on how poor households spend their cash transfers is centered on directly linked goods such as health and education. However, the relationship between CCTs and expenditures on goods that play a more …

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The Differential Impact Of 4ps On Child Labor Before And During The Covid-19 Pandemic, Hannah Grace Villaret, Joey Anastacio, Yohana B. Burgos, Lyka May Pauline Fernandez, Paulynne J. Castillo, Roberto Raymundo, Joel Q. Tanchuco Dec 2023

The Differential Impact Of 4ps On Child Labor Before And During The Covid-19 Pandemic, Hannah Grace Villaret, Joey Anastacio, Yohana B. Burgos, Lyka May Pauline Fernandez, Paulynne J. Castillo, Roberto Raymundo, Joel Q. Tanchuco

Angelo King Institute for Economic and Business Studies (AKI)

Poverty is widely considered the root cause of child labor in the Philippines. Thus, the Pantawid Pamilyang Pilipino Program (4Ps) was designed to alleviate poverty and reduce child labor through financial assistance, conditional on welfare investments like children’s education. Using 2017, 2019, and 2020 data from the Annual Poverty Indicators Survey (APIS), the study estimated the differential impact of 4Ps on child labor before and during COVID-19 across varying demographic, socio-economic, and locational characteristics. Results from the propensity score matching (PSM) and difference-in-differences (DID) model indicated that since cash transfers cannot fully offset the opportunity cost of children’s education, children …

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Per Capita Gdp’S Potential Effect On The Percentage Of Children In Foster Care, Jenna Mcclain Dec 2023

Per Capita Gdp’S Potential Effect On The Percentage Of Children In Foster Care, Jenna Mcclain

Honors College Theses

Few studies have been conducted on the presence of a direct connection between per capita gross domestic product (GDP) and the percentage of children in foster care in a given region. GDP is a known indicator of economic growth (Powers, 1995; Roshaniza & Selvaratnam, 2015), as is a child’s potential for foster care placement associated with a parent or family’s financial status (Bald et. al, 2022; Barth et. al, 2010). Poverty is the bridge in many of these scenarios – low GDP can be indicative of higher poverty rates, and financial hardship under poverty classification can lead to child maltreatment …

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An Analysis On The Efficiency Of Philippine Microfinance Institutions: A Stochastic Frontier Approach, Ryan Lou Dio, Elijah Jacob Mendoza, Lunette Clarisse Nunez, Ma. Ellory Villanueva, Myrna S. Austria, Tereso S. Tullao Jr Dec 2023

An Analysis On The Efficiency Of Philippine Microfinance Institutions: A Stochastic Frontier Approach, Ryan Lou Dio, Elijah Jacob Mendoza, Lunette Clarisse Nunez, Ma. Ellory Villanueva, Myrna S. Austria, Tereso S. Tullao Jr

Angelo King Institute for Economic and Business Studies (AKI)

Microfinance institutions (MFIs) were created to provide loans and financial services for the poor as commercial banks have requirements that are not accessible to them. The Philippines government soon started using MFIs as a poverty alleviation tool to answer the market failure created by the commercial banking industry since it cannot accommodate the needs of low-income earners due to the high costs attached to it. However, recent studies have shown that MFIs are “mission drifting,” which means that they are deviating from their original social purpose and becoming more financially driven. As a result, this paper estimates the financial and …

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An Analysis Of Poverty Convergence: Evidence From Pennsylvania Counties, Angel Alcantara, Stephanie M. Brewer, James J. Jozefowicz Nov 2023

An Analysis Of Poverty Convergence: Evidence From Pennsylvania Counties, Angel Alcantara, Stephanie M. Brewer, James J. Jozefowicz

The Journal of Economics and Politics

This paper extends applications of unconditional and conditional β-convergence and σ-convergence analysis to poverty rates in a panel data sample of Pennsylvania counties during the period 1990-2019. Spatial structural breaks between rural and urban counties in Pennsylvania plus the possibility that Philadelphia County is an outlier are acknowledged to avoid spurious inferences. The findings support the existence of unconditional β-convergence in the pooled, urban, and rural samples with non-metropolitan areas exhibiting the greatest convergence. However, the largest conditional β-convergence is observed for urban counties, and this outcome is robust to the exclusion of Philadelphia County. Graphical evidence evinces a greater …

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Kerala’S International Tourism Demand: An Inquiry Into The Validity Of The Standard And Regular Determinants, Muhammed Salim Anappattath Nov 2023

Kerala’S International Tourism Demand: An Inquiry Into The Validity Of The Standard And Regular Determinants, Muhammed Salim Anappattath

CBER Conference

The present study aims to identify the role of standard factors and other regular potential determinants in influencing the tourist arrivals in Indian state of Kerala. We used month-wise data of the foreign tourist arrivals in Kerala from January 2002 to December 2019 and applied auto-regressive distributed lagged (ARDL) approach, with the seasonality-adjusted data, for the same.

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Analyzing Household Income Inequality: A Subgroup Decomposition Of Generalized Entropy Measures, Jazib Mumtaz, Sayed Irshad Hussain Nov 2023

Analyzing Household Income Inequality: A Subgroup Decomposition Of Generalized Entropy Measures, Jazib Mumtaz, Sayed Irshad Hussain

CBER Conference

The study proves that education level, nature of employment, asset ownership, and gender contribute significantly to income inequality. The study further indicates that changes in income distribution for the bottom of the population through paid employment, female income, and asset ownership could impact income inequality. The study's results can be used to assess policy impact on social welfare and help policymakers design targeted interventions, develop efficient taxation, and create a sustainable model for inclusive growth.

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Priced Out Of Housing In The Mountain West, 2022, Maryam Raja, Caitlin J. Saladino, William E. Brown Jr. Oct 2023

Priced Out Of Housing In The Mountain West, 2022, Maryam Raja, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents data from the National Association of Home Builder (NAHB) 2022 report on "priced out estimates" and the consequences of increased prices and interest rates on homes. Data are included from NAHB on home affordability for median home prices in five Mountain West states and 25 metropolitan statistical areas (MSAs).

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Gross Domestic Product (Gdp) In Mountain West Metros, 2022, Ayda Atici, Eshaan Vakil, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr. Oct 2023

Gross Domestic Product (Gdp) In Mountain West Metros, 2022, Ayda Atici, Eshaan Vakil, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet examines the rankings of large Mountain West metropolitan statistical areas (MSAs) in terms of Gross Domestic Product (GDP) in 2022, as well as population rank in 2020. The original report, published by Visual Capitalist, collated information from the U.S. Bureau of Economic Analysis and the Kenan Institute to provide these data.

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The Top 1% Of Earners In The Mountain West, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr. Oct 2023

The Top 1% Of Earners In The Mountain West, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data from the Smart Asset report, “America’s Top 1% Is Different in Each State: From a $370k to $950k Income,” which examines the thresholds of the top 1% of earners and the tax rates associated with those earners. The original report contains the income threshold, national rankings, and tax rates for the top 1% of earners in all 50 states. This fact sheet focuses on the data for the top 1% of earners in the Mountain West: Arizona, Colorado, Nevada, New Mexico, and Utah.

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Does Fertility Matter For Middle Aged And Older Adults’ Risk Attitudes?, Christine Ho, Bussarawan Teerawichitchainan, Joanne Tan, Eugene Rui Le Tan Aug 2023

Does Fertility Matter For Middle Aged And Older Adults’ Risk Attitudes?, Christine Ho, Bussarawan Teerawichitchainan, Joanne Tan, Eugene Rui Le Tan

Research Collection School Of Economics

Given that risk attitudes influence many decisions, it is important to understand the factors that shape such attitudes in late adulthood, when individuals face important risky decisions. While research finds that parenthood tends to correlate with lower risk tolerance in western countries, there is a lacuna on whether such associations persist in late adulthood, and are applicable to the Asian context, where children are conventionally considered a linchpin of old age support. Data for middle aged and older individuals come from the nationwide Singapore Life Panel (N = 6,740). Multivariate statistical analyses are employed to estimate the associations between willingness …

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Revisiting Development Discourse Amidst Informal Sector Crises Covid-19 Pandemic, Anjan Chakrabarti, Pooja Sharma Jun 2023

Revisiting Development Discourse Amidst Informal Sector Crises Covid-19 Pandemic, Anjan Chakrabarti, Pooja Sharma

International Journal on Responsibility

Amid the COVID-19 pandemic, India has experienced a severe catastrophe of the informal sector, related to both health and livelihood. The informal sector and migrant workers are closely linked and they became easy prey during the nationwide lockdown at the onset of the COVID-19 pandemic. The informal sector, primarily a fallout of the prevailing dual economy, makes it highly imperative to revisit not only India’s growth and development process but also the distribution. The paper attempts to evaluate the development process adopted by developing countries and their relevance in terms of growth and inequality. The study finds the missing link …

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Analysing Pandemic Induced Economic Inequality In Developing Nations, Ravneet Kaur Bhogal Jun 2023

Analysing Pandemic Induced Economic Inequality In Developing Nations, Ravneet Kaur Bhogal

International Journal on Responsibility

The dawn of the new decade of the 21st century saw an unprecedented global crisis. This crisis led the world to halt economic and social progress. It led to a galloping increase in the economic inequality and migration of people in search of opportunities to save them from the current situation. The developing nations saw a sea of people migrating back to their roots in search of safe havens. This has led to the loss of jobs which has increased income inequality. Migrants face the risk of contagion and also the possible loss of employment, wages, and health insurance coverage. …

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The Determinants Of Poverty In Pennsylvania Counties, Angelique Alcantara Jun 2023

The Determinants Of Poverty In Pennsylvania Counties, Angelique Alcantara

Pennsylvania Economic Review

This study examines the determinants of poverty in Pennsylvania counties. Economic and demographic characteristics are evaluated in their relation to the poverty rate, using panel data from 2000 to 2019 for the 67 Pennsylvania counties. Data was collected from the U.S. Census Bureau. In accordance with the Hausman (1978) specification test, a two-way fixed effects model is estimated to account for unobserved county-specific and time-specific heterogeneity. Wald (1939) tests are used to determine joint significance for both demographic and economic variable groups. Results indicate that employment in manufacturing and in construction are negatively related to the poverty rate. Employment in …

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National Debt And The Misleading Family Metaphor: A Message To The Economic Managers And Journalists, Jesus Felipe Jun 2023

National Debt And The Misleading Family Metaphor: A Message To The Economic Managers And Journalists, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

A recent article in the prestigious British newspaper, The Guardian (“Bad economics at the BBC enabled Tory austerity and its aftermath — and it knows as much,” James Meadway, January 31, 2023), claimed that bad economics by the British Broadcasting Co. (BBC), the reputable British television company, enabled Tory austerity and its aftermath. A BBC internal review noted that too many journalists don’t get “basic economics,” with a negative effect on U.K. politics. The review refers to taxation, public spending, government borrowing, and debt output. Poor information is particularly serious when it comes to reporting on the central political issue …

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Food Price And Inflation Adjustments In Nigeria: Evidence From Threshold Cointegration, Usman A. Bello, Aliyu R. Sanusi Jun 2023

Food Price And Inflation Adjustments In Nigeria: Evidence From Threshold Cointegration, Usman A. Bello, Aliyu R. Sanusi

CBN Journal of Applied Statistics (JAS)

This paper investigates two stages of transmission through which inflation stabilization policy affects headline inflation by estimating a threshold cointegration model. The paper finds that asymmetric monetary shocks passing-through food prices exerts inflationary pressure on consumer prices, and is characterized by deep asymmetric movement, large degree of stickiness in adjusting downward, while exhibiting upward momentum in correcting food price fall. In addition, asymmetries were found in consumer price adjustment as food price shock transmits substantial inflationary pressure to consumer prices, while disinflationary effect originating from a fall in food price is inconsequential. The coefficients of adjustment were found to be …

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Modelling The Impact Of Government Expenditure On Economic Growth In Nigeria: The Moderating Effects Of Oil And Non-Oil Revenue, Victor U. Ijirshar, Gaius M. Asombo, Florence D. Bundepuun, Ashifa Tersugh, Ayila Ngutsav Jun 2023

Modelling The Impact Of Government Expenditure On Economic Growth In Nigeria: The Moderating Effects Of Oil And Non-Oil Revenue, Victor U. Ijirshar, Gaius M. Asombo, Florence D. Bundepuun, Ashifa Tersugh, Ayila Ngutsav

CBN Journal of Applied Statistics (JAS)

This study examines the relationship between government expenditure and economic growth and assesses the moderating effects of oil revenue and non-oil revenue in Nigeria from 1981 to 2021. The study uncovered short-term asymmetry in the government expenditure-economic growth nexus while the long-term relationship was symmetric. The study found that government expenditure is a significant determinant of economic growth in Nigeria and that oil and non-oil revenue influences the nexus between government expenditure and economic growth in Nigeria positively. The study recommends efficient management of oil revenue, directing investments during high revenue periods and ensuring fiscal sustainability. Government should also establish …

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Improving The Efficiency Of Exponential Ratio-Type Estimator For Population Median: A Calibration Weight Adjustment Approach, Mathew J. Iseh, Kufre J. Bassey Jun 2023

Improving The Efficiency Of Exponential Ratio-Type Estimator For Population Median: A Calibration Weight Adjustment Approach, Mathew J. Iseh, Kufre J. Bassey

CBN Journal of Applied Statistics (JAS)

This paper modifies the Bahl and Tuteja exponential ratio-type estimator for population median under simple random and stratified sampling schemes using calibration weight adjustment technique with supplementary information to vary the stratum weights. The bias and mean square error of the modified estimator were obtained up to the second-order approximation, which satisfies the necessary conditions for efficiency. The findings show that the new estimator surpasses existing estimators in efficiency gain. This suggests the appropriateness of calibration weight modification in boosting the efficiency of a population parameter estimator under stratified random sampling especially where the population parameter of the auxiliary variable …

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The Relationship Between Economic Complexity And Income Inequality: A Study On The United States Metropolitan Statistical Areas, Brooke Johnson May 2023

The Relationship Between Economic Complexity And Income Inequality: A Study On The United States Metropolitan Statistical Areas, Brooke Johnson

Master's Theses

This paper examines the relationship between income inequality and economic complexity, adding to the literature by providing new evidence for Metropolitan Statistical Areas (MSAs). With populations in cities rapidly increasing world-wide, settlement scaling research has revealed significant correlations between population size and various aspects of socio-economic wellbeing, including income inequality. Our study utilizes the Economic Complexity Index (ECI), a recently developed measure of economic development, to examine how changes in regional production structures influence inequality and shed light on the evolving nature of urban economies. By employing fixed effects OLS regression with clustered standard errors on both panel data from …

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Development And Economic Complexity Of Mexican Municipalities: Based On Their Energy Access And Gross Production., Angelica Gloria Velasco May 2023

Development And Economic Complexity Of Mexican Municipalities: Based On Their Energy Access And Gross Production., Angelica Gloria Velasco

Master's Theses

In 2015, Mexico ranked 22nd in the international list of ECI; Out of 136 countries, Mexico had a higher index than Netherlands and Denmark. How is this possible for a developing economy that in 2014 reached its highest inequality index at 50.3%? This research is focused on the behavior of the Economic Complexity Index when it interacts with income inequality (Gini Coefficient), the gross production and human development (which in this case is focused on access to basic services: education and electricity). In the first and second sections, this paper highlights the importance of the analysis at a municipality level …

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Heating Systems And Households’ Expenditure, Svitlana Holyk May 2023

Heating Systems And Households’ Expenditure, Svitlana Holyk

Master's Theses

The heating energy expenditure has been frequently taken to the consideration across different studies of poverty reduction. However, there is an unresolved question related to understanding how households’ expenditures might be distinct due to the heating system characteristics. This research implements matching methods to investigate the causal effect of the heating system on households’ gas and electricity expenditure in Ukraine. The result indicates that there is a significant difference in the utility expenditure between the District heating system (DHS) and the Individual heating system (IHS) households. The inherited from the past the Soviet District heating system Model in Ukraine doesn’t …

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Blessed Are The Peacemakers: The Future Burden Of Intrastate Conflict On Poverty, Jonathan D. Moyer May 2023

Blessed Are The Peacemakers: The Future Burden Of Intrastate Conflict On Poverty, Jonathan D. Moyer

Frederick S. Pardee Center for International Futures: Faculty Scholarship

Intrastate conflict generally undermines human development but its effect on global poverty across different income thresholds remains poorly understood. This paper analyzes how many people will live in poverty due to intrastate civil conflict in 2030, 2050, and 2070 using the International Futures model and shared socioeconomic pathways, forecasting 12 scenarios for 179 countries. A baseline conflict scenario leads to an additional 148.2 million (range: 50.7 to 186.0 million) people living in extreme poverty (Sustainable Development Goal.

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Does Family Size Moderate The Relation Between Resource Transfers And Intimate Partner Violence Rates?, Paul Gramling May 2023

Does Family Size Moderate The Relation Between Resource Transfers And Intimate Partner Violence Rates?, Paul Gramling

Psychological Science Undergraduate Honors Theses

Intimate partner violence (IPV) refers to physical, sexual, or psychological abuse within an intimate relationship. It is a global issue, particularly for women in developing countries where data show higher rates of IPV for these women than in developed countries. IPV can lead to physical harm, chronic health problems, and even death. It also has negative effects on mental health, economic stability, and the overall well-being of the woman and their children. Family size has been shown to be a predictor of IPV risk; women from larger families face a higher risk. Cash transfer programs in developing countries have been …

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The Determinants Of Homeownership: Mortgage Rates, Median Household Income And Vacancy Rates, Aisha S. Mackey May 2023

The Determinants Of Homeownership: Mortgage Rates, Median Household Income And Vacancy Rates, Aisha S. Mackey

Applied Economics Theses

Several studies conducted have considered the determinants to homeownership in America. In our study, we are looking at the impact of mortgage rates, median household income, and vacancy rates. Here, we identify how homeownership is determined, how mortgage rates affect homeownership, how median income affects homeownership, and how vacancies affect homeownership. Our study begins with a literature review. We then use regression analysis to look at the relationship between total homes owned, the mortgage rate, median household income, and vacancy. Our study confirms our expectations. We find that there is a negative relationship between total homes owned and the mortgage …

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Income Inequality And Economic Growth: An Analysis, Nicholas Martin May 2023

Income Inequality And Economic Growth: An Analysis, Nicholas Martin

Economics Undergraduate Honors Theses

Income inequality and its relationship with economic growth has been a subject of debate in academia for decades. This paper examines the relationship the Gini index of five selected countries and four macroeconomic variables (GDP growth, unemployment rate, lending interest rate, and savings rate) for each country with two developed nations being represented (United States and Italy) and three developing nations being represented (Peru, Belarus, and Indonesia). After reviewing the literature on the relationship between income inequality and economic growth, a multivariate regression analysis of each country is presented; first with GDP growth as the dependent variable, followed by a …

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Analyzing The Impact Of Automation On Employment In Different Us Regions: A Data-Driven Approach, Thejaas Balasubramanian May 2023

Analyzing The Impact Of Automation On Employment In Different Us Regions: A Data-Driven Approach, Thejaas Balasubramanian

Electronic Theses, Projects, and Dissertations

Automation is transforming the US workforce with the increasing prevalence of technologies like robotics, artificial intelligence, and machine learning. As a result, it is essential to understand how this shift will impact the labor market and prepare for its effects. This culminating experience project aimed to examine the influence of computerization on jobs in the United States and answer the following research questions: Q1. What factors affect how likely different jobs will be automated? Q2. What are the possible effects of automation on the US workforce across states and industries? Q3. What are the meaningful predictors of the likelihood of …

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Two Essays In Human Capital, Illia Polovnikov May 2023

Two Essays In Human Capital, Illia Polovnikov

All Dissertations

This dissertation is comprised of two essays on human capital. I analyze how early-life human capital boost shapes micro-level outcomes among disadvantaged children in the US. In the second chapter, I study the productivity convergence among OECD countries and evaluate to what extent the labor force’s sectoral allocation (due to different human capital profiles across countries) contributes to it. In the first chapter, which is joint work with Jorge Garc´ia and William Dougan, we analyze a large-scale trial of an early-childhood education program targeting premature, low-birthweight children, thereby oversampling twins. We find that failing to account for this oversampling obscures …

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The Parental Labor Gap: The Impact Of Daycare Access On The Parental Labor Force During The Covid-19 Pandemic, Acacia Wyckoff Apr 2023

The Parental Labor Gap: The Impact Of Daycare Access On The Parental Labor Force During The Covid-19 Pandemic, Acacia Wyckoff

Honors Theses

In the two years since the COVID-19 pandemic began, the landscape for work has shifted dramatically. Many companies and employers switched to telework when the pandemic hit, and many still do not require workers to come into the office. Research suggests these COVID-induced changes have led to a closing of the gap in childcare duties between men and women in households. Comparing parents in positions with telework eligibility versus in-person positions, Heggeness and Suri (2022) found that while telework improved the labor participation rate of mothers slightly, there was still a major gap in labor force participation between mothers and …

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