Poverty, inequality and redistribution: A methodology to define the rich
The paper proposes a simple methodology to estimate an affluence line that depends on the knowledge of the income distribution and the poverty line for a given population. The idea that poverty is morally unacceptable and can be eradicated through redistribution of wealth provides the grounds for the methodology. The line is defined as the value that delimitates the aggregated income required to eradicate poverty by the way of transfers from the rich to the poor. I estimate an affluence line using Brazilian 1999 National Household Survey data and briefly discuss the results.
|Date of creation:||May 2006|
|Publication status:||Published by UNDP - International Poverty Centre, May 2006, pages 1-18|
|Contact details of provider:|| Web page: http://www.ipc-undp.org|
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- Austan Goolsbee, 2000.
"Taxes, High-Income Executives, and the Perils of Revenue Estimation in the New Economy,"
American Economic Review,
American Economic Association, vol. 90(2), pages 271-275, May.
- Austan Goolsbee, 2000. "Taxes, High-Income Executives, and the Perils of Revenue Estimation in the New Economy," NBER Working Papers 7626, National Bureau of Economic Research, Inc.
- Siegfried, John J & Round, David K, 1994. "How Did the Wealthiest Australians Get So Rich?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 40(2), pages 191-204, June.
- Christopher D. Carroll, 2000. "STATA code for Portfolios of the Rich," QM&RBC Codes 41, Quantitative Macroeconomics & Real Business Cycles.
- Karen E. Dynan & Jonathan Skinner & Stephen P. Zeldes, 2004. "Do the Rich Save More?," Journal of Political Economy, University of Chicago Press, vol. 112(2), pages 397-444, April.
- Karen E. Dynan & Jonathan Skinner & Stephen P. Zeldes, 2000. "Do the Rich Save More?," NBER Working Papers 7906, National Bureau of Economic Research, Inc.
- Karen E. Dynan & Jonathan Skinner & Stephen Zeldes, 2000. "Do the rich save more?," Finance and Economics Discussion Series 2000-52, Board of Governors of the Federal Reserve System (U.S.).
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