Economicsof Discrimination ECON 248
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This 1 page Study Guide was uploaded by Nakia Spencer on Tuesday October 27, 2015. The Study Guide belongs to ECON 248 at University of Wisconsin - Milwaukee taught by Keith Bender in Fall. Since its upload, it has received 38 views. For similar materials see /class/230288/econ-248-university-of-wisconsin-milwaukee in Economcs at University of Wisconsin - Milwaukee.
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Date Created: 10/27/15
Economics of Poverty and Discrimination Econ 248 Professor Keith Bender NoneXhaustive List of important terms and concepts for an economic analysis of poverty and Poverty Terms and Concepts Flawed Character Theory of Poverty Restricted Opportunity Theory of Poverty Big Brother Opportunity Theory of Poverty Human capital theory Pervasive opportunity Transitory income Permanent income Lifecycle pattern of earnings Social equality Ineg uality Issues Costs and bene ts of inequality Measuring inequality for individuals families and households Within vs Between differences in inequality Betweengroup averages measure of inequality Properties of distributions meanaverage median standard deviation quartile quintile decile percentile Income shares Lorenz Curve and Gini coefficient Mobility within distributions and sources Measuring Poverty Subjective measures of poverty Relative measure of poverty Absolute measure of poverty Minimum subsistence Official poverty income thresholds Problems with official poverty thresholds Latent poverty Poverty rate inequality Global Poverty and Inequality Difficulties in measuring poverty across countries Extreme poverty Severe poverty Geographic diversity in poverty and inequality Alternatives to measuring poverty and inequality by income e g wealth mobility life expectancy Pros and Cons of policies to reduce poverty and inequality Monetagy Causes of Poverty Labor force Labor force participation rate Employment ratiorate Unemployed Unemployment rate Discouraged workers Underemployment Cyclical unemployment Structural unemployment Full employment Low Pay Minimum wage
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