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Zonder onderwerpscode: wereldeconomie, ontwikkelingsproblematiek

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Aspirations have become a common theme in empirical economics studies, but there is no unified understanding of the range of outcomes they influence, the factors that shape them, and how to measure them. This paper surveys this growing literature. The paper argues that there is compelling evidence to consider aspirations as a useful lens to analyze human behavior and development outcomes, at the individual and aggregate levels, in poorer and richer countries. The empirical evidence aligns with the theory that high aspirations can lead individuals to achieve better educational, labor market, and other outcomes and can contribute to making countries more equal and prosperous. The empirical evidence also confirms that the mix of social and circumstantial factors shaping aspirations tends to hinder the aspirations of the disadvantaged - such asthe poor, immigrants, and women - and can contribute tovicious circles of poverty, high inequality, low social mobility, and low growth. However, high aspirations should not be considered as an end in themselves as they can backfire, with deleterious effects, if unmatched with opportunities. Further, the paper argues that definitional and measurement issues can affect the understanding of the topic and that studies should more explicitly describe their measures of aspirations to ensure that divergent underlying concepts are not mistaken.

Ambition. --- Social surveys.

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This paper examines the impact of women’s legal rights on labor force participation decisions made by women and men through a granular analysis of 35 gendered laws. Building on previous literature, it departs from the analysis using aggregate indices due to concerns about (i) the usability of an index for policymaking purposes, (ii) the economic interpretation of an index’s average marginal effects, (iii) and the implicit assumption of homogeneous effects underlying regressions with an index. The findings identify nine key laws that can foster female labor force participation. Notably, laws related to household dynamics and women’s agency within the family, such as divorce and property rights laws, and laws regarding the ability of women to travel outside the home, are especially important in influencing their decision to work. The paper also shows that improving women’s legal rights does not improve their labor force participation through a substitution effect as it has no systematic negative effect on men’s labor force participation.

Currency crises --- Economic & financial crises & disasters --- Economics of Gender --- Economics of specific sectors --- Economics --- Economics: General --- Finance --- Finance: General --- Financial inclusion --- Financial Markets and the Macroeconomy --- Financial markets --- Financial services industry --- Gender inequality --- Gender Studies --- Gender studies --- Gender --- Income economics --- Informal sector --- Labor Force and Employment, Size, and Structure --- Labor force participation --- Labor force --- Labor market --- Labor Standards: Labor Force Composition --- Labor --- Labour --- Macroeconomics --- Non-labor Discrimination --- Sex discrimination --- Social discrimination & equal treatment --- Women & girls --- Women --- Women's Studies

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Food price inflation in Brazil in the twelve months to June 2008 was 18 percent, while overall inflation was 5.3 percent. This paper uses spatially disaggregated monthly data on consumer prices and two different household surveys to estimate the welfare consequences of these food price increases, and their distribution across households. Because Brazil is a large food producer, with a predominantly wage-earning agricultural labor force, our estimates include general equilibrium effects on market and transfer incomes, as well as the standard estimates of changes in consumer surplus. While the expenditure (or consumer surplus) effects were large, negative and markedly regressive everywhere, the market income effect was positive and progressive, particularly in rural areas. Because of this effect on the rural poor, and of the partial protection afforded by increases in two large social assistance benefits, the overall impact of higher food prices in Brazil was U-shaped, with the middle-income groups suffering larger proportional losses than the very poor. Nevertheless, since Brazil is 80 percent urban, higher food prices still led to a greater incidence and depth of poverty at the national level.

Food & Beverage Industry --- Food Prices --- Inequality --- Markets and Market Access --- Poverty --- Poverty reduction --- Price Change Incidence Curve --- Regional Economic Development --- Rural Poverty Reduction --- Social development --- Welfare --- Brazil

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Food price inflation in Brazil in the twelve months to June 2008 was 18 percent, while overall inflation was 5.3 percent. This paper uses spatially disaggregated monthly data on consumer prices and two different household surveys to estimate the welfare consequences of these food price increases, and their distribution across households. Because Brazil is a large food producer, with a predominantly wage-earning agricultural labor force, our estimates include general equilibrium effects on market and transfer incomes, as well as the standard estimates of changes in consumer surplus. While the expenditure (or consumer surplus) effects were large, negative and markedly regressive everywhere, the market income effect was positive and progressive, particularly in rural areas. Because of this effect on the rural poor, and of the partial protection afforded by increases in two large social assistance benefits, the overall impact of higher food prices in Brazil was U-shaped, with the middle-income groups suffering larger proportional losses than the very poor. Nevertheless, since Brazil is 80 percent urban, higher food prices still led to a greater incidence and depth of poverty at the national level.

Food & Beverage Industry --- Food Prices --- Inequality --- Markets and Market Access --- Poverty --- Poverty reduction --- Price Change Incidence Curve --- Regional Economic Development --- Rural Poverty Reduction --- Social development --- Welfare --- Brazil