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This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work-Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University.
List of contents
Poverty, Inequality and Development: Micro-Macro Perspectives and Linkages.- Erik Thorbecke: Growth and Roots.- On the Consistency of Poverty Lines.- Poverty Indices.- Should Poverty and Inequality Measures be Combined?.- Equality of What? Evidence from India.- Household Investments in Education and Income Inequality at the Community Level: Evidence from Indonesia.- Poverty Traps and Safety Nets.- Progress in the Modeling of Rural Households' Behavior under Market Failures.- Labor Laws and Labor Welfare in the Context of the Indian Experience.- Macro Models and Multipliers: Leontief, Stone, Keynes, and CGE Models.- Multiplier Effects and the Reduction of Poverty.- Developing an Accounting Matrix for the Euro Area: Issues and Applications.- Globalization, Economic Reform, and Structural Price Transmission: Sam Decomposition Techniques with an Empirical Application to Vietnam.- Institutions, Factor Endowment and Inequality in Ghana, Kenya and Senegal.- Incentives, Inequality and the Allocation of Aid When Conditionality Doesn't Work: An Optimal Nonlinear Taxation Approach.- Agricultural Research and Policy to Achieve Nutrition Goals.- Is Dualism Worth Revisiting?.
About the author
Alain de Janvry teaches agricultural and resource economics at the University of California, Berkeley.
Ravi Kanbur teaches applied economics at Cornell University.
Summary
This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work—Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University.
