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Journal ArticleDOI

The Rich and the Poor: The Construction of an Affluence Line from the Poverty Line.

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TLDR
In this paper, the authors propose 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, defined as the value that delimitates the aggregated income required to eradicate poverty by the way of transfers from the rich to the poor.
Abstract
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.

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On the identification of the middle class

TL;DR: This article examined the identification of the middle class using data from LIS and LWS and argued that the concept of "class" requires the examination of other dimensions beyond income, including the role of property and, drawing on the sociological literature, of occupations.
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Measuring Richness and Poverty: A Micro Data Application to Europe and Germany

TL;DR: In this paper, the authors define a new class of richness measures, which are sensitive to changes in rich persons' income and therefore allow for a more sophisticated analysis of richness, and demonstrate the application of these new measures to analyze the development of poverty and richness over time.
BookDOI

Do Poorer Countries Have Less Capacity for Redistribution

TL;DR: In this paper, the appropriate balance between growth and redistribution strategies can be seen to depend on the level of economic development, and the assumption that poorer countries have less internal capacity for redistribution in favor of their poorest citizens is tested for 90 developing countries.
Journal ArticleDOI

Measuring richness and poverty: a micro data application to europe and germany

TL;DR: In this paper, the authors define a new class of richness measures, which are sensitive to changes in rich individuals' incomes and allow for a more sophisticated analysis of richness, and demonstrate the application of these new measures in analyzing the development of poverty and richness over time in Germany.
Journal ArticleDOI

Degrowth through Income and Wealth Caps

TL;DR: In this article, the authors review several proposals for placing caps on wealth and/or income and raise various critical issues concerning the introduction of maximum caps in a degrowth context, discussing the role of the state, the impact on economic growth and the risk of emigration of high skilled employees and capital flight.
References
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Do the Rich Save More

TL;DR: This article found a strong positive relationship between personal saving rates and lifetime income, using new empirical methods and the Panel Study on Income Dynamics, the Survey of Consumer Finances, and the Consumer Expenditure Survey.
Journal ArticleDOI

The poverty line: Concept and measurement

TL;DR: In this article, a new approach to defining the poverty line is proposed in which family heads are asked what they consider a minimal income level for their own family, and the relationship was found that the respondents appeared to specify higher amounts, the greater their actual income and family size.
ReportDOI

Why Do the Rich Save So Much

TL;DR: The authors argue that the saving behavior of the richest households cannot be explained by models in which the only purpose of wealth accumulation is to finance future consumption, either their own or that of heirs.
Journal ArticleDOI

The Definition and Measurement of Poverty

TL;DR: In this paper, the authors analyse the various theoretical and methodological problems causing the lack of consensus on poverty measurement, and discuss the advantages and disadvantages of a number of poverty definitions, and present empirical studies in which the composition and size of the population of poor is compared using different definitions of poverty.
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