Who Cares about Relative Deprivation?

Theories of relative deprivation predict negative welfare effects when friends and neighbors become better-off. Other theories point to likely positive benefits. The authors encompass both views within a single model, which motivates their tests using a survey for Malawi that collected data on satis...

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Bibliographic Details
Main Authors:	Ravallion, Martin, Lokshin, Michael
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE POVERTY AGRICULTURE CONSUMER DEMAND CONSUMPTION CHOICES CONSUMPTION EXPENDITURE DEFLATORS DEMAND BEHAVIOR DEMAND FUNCTIONS DEMOGRAPHIC COMPOSITION DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT POLICIES DEVELOPMENT POLICY DIRECT UTILITY FUNCTION DURABLE GOODS ECONOMETRIC MODEL ECONOMIC GROWTH ECONOMIC THEORIES ECONOMIC WELFARE ECONOMICS LITERATURE EMPIRICAL APPROACHES EMPIRICAL EVIDENCE EMPIRICAL STUDIES EMPIRICAL WORK EXTERNALITIES HETEROGENEITY HOUSEHOLD EXPENDITURE HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD MEMBERS HOUSEHOLD SURVEY INCOME INCOME EFFECT INCOME INEQUALITY INCOME LEVEL INCOMES INDIRECT UTILITY INDIRECT UTILITY FUNCTION INDIVIDUAL WELFARE INEQUALITY INFORMAL INSURANCE INSURERS LIVING STANDARDS LIVING STANDARDS MEASUREMENT LOG INCOME LOW INCOMES MARGINAL PROPENSITY TO CONSUME MARGINAL UTILITY MEAN CONSUMPTION MEAN INCOME MEASUREMENT ERRORS MEASURING POVERTY MONETARY VALUE NATURE NEGATIVE COEFFICIENT NEGATIVE EFFECT NEGATIVE EXTERNALITIES NEGATIVE EXTERNALITY NET ROLE NON-FOOD ITEMS POLICY RESEARCH POOR AREAS POOR COUNTRIES POOR PEOPLE POPULATION CENSUS POSITIVE EFFECT POSITIVE EFFECTS POSITIVE EXTERNALITIES POSITIVE EXTERNALITY POVERTY LINE POVERTY REDUCTION PUBLIC GOOD PUBLIC GOODS REAL INCOME RELATIVE POSITION RELATIVE POVERTY RISK SHARING RURAL AREAS RURAL HOUSEHOLDS SOCIAL ASSISTANCE STRATIFIED SAMPLE SURVEY DATA TRANSITION ECONOMY URBAN AREAS UTILITY FUNCTION VARIETY WAGES WEALTH WESTERN EUROPE
Online Access:	http://documents.worldbank.org/curated/en/2005/12/6447566/cares-relative-deprivation http://hdl.handle.net/10986/8578

Internet

http://documents.worldbank.org/curated/en/2005/12/6447566/cares-relative-deprivation
http://hdl.handle.net/10986/8578

Who Cares about Relative Deprivation?

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