World Bank

About: World Bank is a other organization based out in Washington D.C., District of Columbia, United States. It is known for research contribution in the topics: Population & Poverty. The organization has 7813 authors who have published 21594 publications receiving 1198361 citations. The organization is also known as: World Bank, WB & The World Bank.

True world income distribution, 1988 and 1993: first calculation based on household surveys alone

Abstract: The paper derives world income or expenditure distribution of individuals for two years 1988 and 1993. It is the first paper to calculate world distribution for individuals based entirely on household survey data from 91 countries, and adjusted for differences in purchasing power parity between the countries. Measured by the Gini index, inequality increased from an already very high 63 in 1988 to 66 in 1993. The increase was driven more by rising differences in mean incomes between the countries than by rising inequalities within countries. The most important contributors were rising urban-rural differences in China, and slow growth of rural incomes in South Asia compared to several large developed market economies.

Mobile Money: The Economics of M-PESA

Abstract: Mobile money is a tool that allows individuals to make financial transactions using cell phone technology. In this paper, we report initial results of two rounds of a large survey of households in Kenya, the country that has seen perhaps the most rapid and widespread growth of a mobile money product - known locally as M‐PESA - in the developing world. We first summarize the mechanics of M-PESA, and review its potential economic impacts. We then document the sequencing of adoption across households according to income and wealth, location, gender, and other socio‐economic characteristics, as well as the purposes for which the technology is used, including saving, sending and receiving remittances, and direct purchases of goods and services. In addition, we report findings from a survey of M‐PESA agents, who provide cash‐in and cash‐out services, and highlight the inventory management problems they face.

The measurement of inequality of opportunity: theory and an application to latin america

Abstract: Building on the existing literature, this paper constructs a simple scalar measure of inequality of opportunity and applies it to six Latin American countries. The measure—which captures betweengroup inequality when groups are defined exclusively on the basis of predetermined circumstances—is shown to yield a lower-bound estimate of true inequality of opportunity. Absolute and relative versions of the index are defined, and alternative parametric and non-parametric methods are employed to generate robust estimates. In the application to Latin America, we find inequality of opportunity shares ranging from one quarter to one half of total consumption inequality. An opportunity-deprivation profile that identifies the worst-off types in each society is also formally defined, and described for the same six countries. In three of them, 100 percent of the opportunity-deprived were found to be indigenous or Afro-descendants.

Poverty and household size

Abstract: The widely held view that larger families tend to be poorer in developing countries has influenced research and policy. The scope for size economies in consumption cautions against this view. We find that the correlation between poverty and size vanishes in Pakistan when the size elasticity of the cost of living is about 0.6. This turns out to be the elasticity implied by a modified version of the food share method of setting scales. By contrast some measures of child nutritional status indicate an elasticity of unity. Consideration of the weight attached to child versus adult welfare may help resolve the non-robustness of demographic profiles of poverty. (EXCERPT)