Rich and Powerful? Subjective Power and Welfare
Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate...
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2002
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| 520 | 3 | |a Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power. This paper-a product of the Poverty Team, Development Research Group-is part of a larger effort in the group to explore broader measures of well-being. The authors may be contacted at mlokshin@worldbank.org or mravallion@worldbank.org | |
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| spelling | Ravallion, Martin Verfasser aut Rich and Powerful? Subjective Power and Welfare Ravallion, Martin Washington, D.C The World Bank 2002 1 Online-Ressource (52 Seiten)) txt rdacontent c rdamedia cr rdacarrier Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power. This paper-a product of the Poverty Team, Development Research Group-is part of a larger effort in the group to explore broader measures of well-being. The authors may be contacted at mlokshin@worldbank.org or mravallion@worldbank.org Online-Ausg Anthropology Bank Contingency Culture & Development Demand Disposable Income Earnings Economic Theory and Research Education Energy Finance and Financial Sector Development Financial Crisis Financial Literacy Gender Gender and Social Development Household Income Household Incomes Income Income Increases Inequality Infrastructure Economics Infrastructure Economics and Finance Inter Interest Macroeconomics and Economic Growth Poverty Diagnostics Poverty Reduction Rural Development Rural Poverty Reduction Windpower Ravallion, Martin Sonstige oth Lokshin, Michael Sonstige oth Ravallion, Martin Rich and Powerful? http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2854 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Ravallion, Martin Rich and Powerful? Subjective Power and Welfare Anthropology Bank Contingency Culture & Development Demand Disposable Income Earnings Economic Theory and Research Education Energy Finance and Financial Sector Development Financial Crisis Financial Literacy Gender Gender and Social Development Household Income Household Incomes Income Income Increases Inequality Infrastructure Economics Infrastructure Economics and Finance Inter Interest Macroeconomics and Economic Growth Poverty Diagnostics Poverty Reduction Rural Development Rural Poverty Reduction Windpower |
| title | Rich and Powerful? Subjective Power and Welfare |
| title_auth | Rich and Powerful? Subjective Power and Welfare |
| title_exact_search | Rich and Powerful? Subjective Power and Welfare |
| title_full | Rich and Powerful? Subjective Power and Welfare Ravallion, Martin |
| title_fullStr | Rich and Powerful? Subjective Power and Welfare Ravallion, Martin |
| title_full_unstemmed | Rich and Powerful? Subjective Power and Welfare Ravallion, Martin |
| title_short | Rich and Powerful? |
| title_sort | rich and powerful subjective power and welfare |
| title_sub | Subjective Power and Welfare |
| topic | Anthropology Bank Contingency Culture & Development Demand Disposable Income Earnings Economic Theory and Research Education Energy Finance and Financial Sector Development Financial Crisis Financial Literacy Gender Gender and Social Development Household Income Household Incomes Income Income Increases Inequality Infrastructure Economics Infrastructure Economics and Finance Inter Interest Macroeconomics and Economic Growth Poverty Diagnostics Poverty Reduction Rural Development Rural Poverty Reduction Windpower |
| topic_facet | Anthropology Bank Contingency Culture & Development Demand Disposable Income Earnings Economic Theory and Research Education Energy Finance and Financial Sector Development Financial Crisis Financial Literacy Gender Gender and Social Development Household Income Household Incomes Income Income Increases Inequality Infrastructure Economics Infrastructure Economics and Finance Inter Interest Macroeconomics and Economic Growth Poverty Diagnostics Poverty Reduction Rural Development Rural Poverty Reduction Windpower |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2854 |
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