History Dependent Growth Incidence: A Characterization and an Application to the Economic Crisis in Italy

Palmisano, Flaviana; gaer, Dirk Van de

doi:10.2139/ssrn.2231927

Cited by 15 publications

(21 citation statements)

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“…Because of this, recent contributions have argued that pro-poor and welfare judgments of the effect of growth should be based on a 'non-anonymous' perspective (see notably Grimm, 2007, Jenkins and Van Kerm, 2011, Bourguignon, 2011, Palmisano and Van de gaer, 2013, Palmisano and Peragine, 2014. Proponents of this emphasize the role played by mobility in the distributional effects of growth.…”

Section: Introductionmentioning

confidence: 99%

Intertemporal Pro-Poorness

2015

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A long-lasting scientific and policy debate queries the impact of growth on distribution. A specific branch of the micro-oriented literature, known as 'pro-poor growth', seeks in particular to understand the impact of growth on poverty. Much of that literature supposes that the distributional impact should be measured in an anonymous fashion. The income dynamics and mobility impacts of growth are thus ignored. The paper extends this framework in two important manners. First, the paper uses an 'intertemporal pro-poorness' formulation that accounts separately for anonymous and mobility growth impacts. Second, the paper's treatment of mobility encompasses both the benefit of "mobility as equalizer" and the variability cost of poverty transiency. Several decompositions are proposed to measure the importance of each of these impacts of growth on the pro-poorness of distributional changes. The framework is applied to panel data on 23 European countries drawn from the 'European Union Statistics on Income and Living Conditions' (EU-SILC) survey.Keywords: pro-poorness, income mobility, growth, poverty dynamics.JEL Classification: D31, D63, I32 * We are very grateful to Philippe Van Kerm and Roberto Zelli for helpful suggestions and comments.

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Section: Introductionmentioning

confidence: 99%

Intertemporal Pro-Poorness

2015

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“…The distributional effects of growth between 2007 and 2010 have been examined using the growth incidence curves (GIC) approach (Ravallion & Chen, 2003;Bourguignon, 2010;Palmisano & van de Gaer, 2013). These curves basically compare the pre and post growth income distribution, by estimating the mean income growth against income quantiles and one can judge based on the shape of the curves whether the income growth between two points in time was more beneficial for certain parts of the income distribution.…”

Section: Methodology and Datamentioning

confidence: 99%

Education, Labour Market Status and Household Income Dynamics in Romania

Militarua¹

2016

European Proceedings of Social &Amp; Behavioural Sciences

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During the last decade Romania experienced considerable economic and social instability and household income has been subject to changes both in level and structure, though not equally for all households. It seems that low income households are more exposed to the risk of losing parts of their income during economic downturn, but also middle or high income households may be affected. Household characteristics, such as education and labour market status, are amongst the main determinants of household income level and can be associated with income dynamics. This paper aims at studying the role played by education and labour market status in the dynamics of household income in Romania in the period between 2007 and 2010. Our approach is twofold; we study the distribution and the income mobility patterns over time between income classes, paying attention to education and labour market status of household members. We attempt to analyse the extent to which education and labour market status count for the evolution of household income. A special focus has been on low income households. We base our analysis on EU-SILC data and we employ growth incidence curve analysis and transition matrices to determine the movement of households along the income distribution. Our results show that income dynamics is strongly related to education, as almost two thirds of the low income households are poorly educated and remain trapped in the same relative position on the income distribution over the years. Precarious labour market attachment as well is a drawback in income mobility.

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“…In order to overcome this issue, a non‐anonymous approach has recently been proposed, which relaxes the anonymity assumption and evaluates growth processes on the basis of individuals’ growth experiences and their identities (see, among others, Jenkins and Van Kerm, ; Grimm, ; Bourguignon, ; Palmisano and Peragine, ; Palmisano and Van de gaer, ; Dhongde and Silber, forthcoming). In this approach, the identity of individuals is defined on the basis of their status, namely their position in the initial distribution of income.…”

Section: Introductionmentioning

confidence: 99%

“… For alternative measures of individual income growth that could be used in this work, see Cowell (), Fields and Ok (1999a,b), Schluter and Van de gaer (), and Palmisano and Van de gaer ().…”

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Evaluating Patterns of Income Growth when Status Matters: A Robust Approach

Palmisano

2016

Review of Income and Wealth

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This paper addresses the problem of ranking growth episodes from a microeconomic perspective. While most of the existing criteria, framed in the pro‐poor growth tradition, are either based on anonymous individuals or are used to identify them on the basis of their status in the initial period, this paper proposes new criteria to evaluate growth, which are robust to the choice of the reference period used to identify individuals. Suitable dominance conditions that can be used to rank alternative growth processes are derived by means of an axiomatic approach. Moreover, the theoretical results are used to rank the different growth episodes that have taken place in the past decade in Australia, Germany, Korea, Switzerland, and the U.S.

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History Dependent Growth Incidence: A Characterization and an Application to the Economic Crisis in Italy

Cited by 15 publications

References 28 publications

Intertemporal Pro-Poorness

Intertemporal Pro-Poorness

Education, Labour Market Status and Household Income Dynamics in Romania

Evaluating Patterns of Income Growth when Status Matters: A Robust Approach

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