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May growth lead to higher deprivation despite higher satisfaction?

Author: Quentin Wodon; Shlomo Yitzhaki; World Bank.
Publisher: [Washington, D.C.] : [World Bank], [2009]
Series: Policy research working papers (Online), 4921.
Edition/Format:   eBook : International government publication : EnglishView all editions and formats
Summary:
"In a relative deprivation framework, unless inequality is reduced, growth is associated with both higher satisfaction and higher deprivation. This may help explain the discontent with growth despite its benefits. As is well known in the literature, knowledge of the population's mean income and Lorenz curve is all that is needed to analyze a distribution, so that this can also be used to assess the satisfaction and  Read more...
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Details

Material Type: Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Quentin Wodon; Shlomo Yitzhaki; World Bank.
OCLC Number: 320623377
Notes: Title from PDF file as viewed on 5/7/2009.
Details: System requirements: Adobe Acrobat Reader.; Mode of access: World Wide Web.
Series Title: Policy research working papers (Online), 4921.
Responsibility: Quentin Wodon, Shlomo Yitzhaki.

Abstract:

"In a relative deprivation framework, unless inequality is reduced, growth is associated with both higher satisfaction and higher deprivation. This may help explain the discontent with growth despite its benefits. As is well known in the literature, knowledge of the population's mean income and Lorenz curve is all that is needed to analyze a distribution, so that this can also be used to assess the satisfaction and deprivation of each individual. Given the normalization used to derive the satisfaction and deprivation measures, satisfaction and deprivation add up to the mean income for the population as a whole as well as for each individual."--World Bank web site.

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