Tag: poverty measurement
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Is Poverty Up or Not?
New York Times Economix: Is Poverty Up or Not? Nancy Folbre It's not easy to figure out from aggregate statistics what the business cycle does to any of us. The recession of 2008-9 officially ended in June 2009, though official unemployment today remains close to the level of 9.5 percent that it reached that month.…
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Poverty measurement in the US: Income transfers alone won’t eradicate poverty
Science Centric: Poverty measurement in the US: Income transfers alone won't eradicate poverty (HT: Poverty News Blog) … Almost all Americans already live far above subsistence poverty, most because of their earnings, and the rest because of government transfer programs. This decline in material poverty is obscured by weaknesses in how the official U.S. poverty…
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“Does the EITC reduce the poverty rate?” Greg Mankiw
From Greg Mankiw's Blog: Does the EITC reduce the poverty rate? Of course, this is not really a problem with the EITC but, rather, a problem with the measured poverty rate. It makes no sense to evaluate poverty with a statistic that ignores the effects of one of the largest and most rapidly growing anti-poverty…