Kto co konsumuje i czy wystarczająco dużo: gospodarka i bieda, czyli Nagroda imienia Nobla z dziedziny ekonomii dla Angusa Deatona (2015)

• Authors: Ostasiewicz Katarzyna

Title variants

EN

Who consumes what and is it enough: economy and poverty. Prize in Economic Sciences in Memory of Alfred Nobel for Angus Deaton (2015)

• Languages of publication: PL EN

Abstracts

EN

In 2015 the Prize in Economic Sciences in Memory of Alfred Nobel was won by Angus Deaton. He was awarded for his analysis of consumption, poverty, and welfare. In this paper we have presented the model of consumption co-authored by Deaton (AID model) in the context of postulated rationality of consumers. Also, Deaton’s research over long-run consumption, global poverty and connected phenomena was shortly discussed. Deaton’s merits in moving the spotlight from aggregated data to individual data was stressed. Additionally, the paper presents some biographical information.

Keywords

EN

Deaton; AIDS; consumption; poverty

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Śląski Przegląd Statystyczny
• Year: 2016
• Issue: 14 (20)
• Pages: 89-110

Contributors

author

Ostasiewicz Katarzyna

References

• Angus Deaton – Banquet Speech, 2015, http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2015/deaton-speech_en.html (6.03.2016).
• Angus Deaton – Facts, 2015, http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2015/deaton-facts.html (6.03.2016).
• Arrow K.J., Bernheim B.D., Feldstein M.S., McFadden D.L., Poterba J.M., Solow R.M., 2011, 100 years of the American Economic Review: The top 20 articles, The American Economic Review, vol. 101, no. 1, s. 1–8.
• Barnett W.A., 1979, Theoretical foundations for the Rotterdam model, The Review of Economic Studies, vol. 46, no. 1, s. 109–130.
• Barten A.P., 1969, Maximum likelihood estimation of a complete system of demand equations, European Economic Review, vol. 1, no. 1, s. 7–73.
• Case A., Deaton A., 2015, Rising morbidity and mortality in midlife among white non-Hispanic Americans in the 21st century, Proceedings of the National Academy of Sciences, vol. 112, no. 49, s. 15078–15083.
• Deaton A., 1985, Panel data from time series of cross-sections, Journal of Econometrics, vol. 30, no. 1, s. 109–126.
• Deaton A., 1989, Looking for boy-girl discrimination in household expenditure data, The World Bank Economic Review, vol. 3, no. 1, s. 1–15.
• Deaton A., 1991, Saving and liquidity constraints, Econometrica, vol. 59, no. 5, s. 1221–1248.
• Deaton A., 1997, The Analysis of Household Surveys: A Microeconomic Approach to Development Policy, Johns Hopkins University Press, Baltimore, MD.
• Deaton A., 2013, The Great Escape: Health, Wealth and the Origins of Inequality, Princeton University Press, Princeton.
• Deaton A., 2014a, Przez ciemność w stronę jaśniejszej przyszłości, [w:] Palacios-Huerta I. (red.), Gospodarka za 100 lat. Najważniejsi ekonomiści przewidują przyszłość, Kurhaus Publishing, Warszawa.
• Deaton A., 2014b, Puzzles and paradoxes: A life in applied economics, [w:] Szenberg M., Ramrattan L. (red.), Eminent Economists II: Their Life and Work Philosophies, Cambridge University Press, New York, s. 84–101.
• Deaton A., Dupriez O., 2011, Purchasing power parity exchange rates for the global poor, American Economic Journal: Applied Economics, vol. 3, no. 2, s. 137–166.
• Deaton A., Muellbauer J., 1980a, An almost ideal demand system, The American Economic Review, vol. 70, no. 3, s. 312–326.
• Deaton A., Muellbauer J., 1980b, Economics and Consumer Behavior, Cambridge University Press, Cambridge.
• Duflo E., 2012, Women’s empowerment and economic development, Journal of Economic Literature, vol. 50, no. 4, s. 1051–1079.
• Fisher I., 1928, The Money Illusion, Adelphi Company, New York.
• Gamble A., Gärling T., Charlton J., Ranyard R., 2002, Euro illusion: Psychological insights into price evaluations with a unitary currency, European Psychologist, vol. 7, no. 4, s. 302–311.
• Hall R.E. 1978, Stochastic implications of the life cycle-permanent income hypothesis: Theory and evidence, Journal of Political Economy, vol. 86, no. 6, s. 971–987.
• Hill R.J., 2000, Measuring substitution bias in international comparisons based on additive purchasing power parity methods, European Economic Review, vol. 44, no. 1, s. 145–162.
• Johnston D.C., 2015, US economic policies are devastating society, http://america.aljazeera.com/opinions/2015/11/us-economic-policies-are-devastating-society.html, (7.03.2016).
• Kahneman D., Knetsch J.L., Thaler R., 1986, Fairness as a constraint on profit seeking: Entitlements in the market, The American Economic Review, vol. 76, no. 4, s. 728–741.
• Marshall A., 1895, Principles of Economics, MacMillan, London.
• Mrożek S., 1953, Półpancerze praktyczne, Wydawnictwo Literackie, Kraków.
• Nobel z ekonomii za badanie ubóstwa, 2015, http://tvn24bis.pl/ze-swiata,75/nobel-z-ekonomii-2015-angus-deaton-laureatem,585170.html (6.03.2016).
• Nobel-winning economist Deaton’s controversial aid ideas, 2015, http://news.yahoo.com/nobel-winning-economist-deatons-controversial-aid-ideas-184022648.html (7.03.2016).
• Shafir E., Diamond P., Tversky A., 1997, Money illusion The Quarterly Journal of Economics, vol. 112, no. 2, s. 341–374.
• Sonnenschein H., 1973, Do Walras’ identity and continuity characterize the class of community excess demand functions?, Journal of Economic Theory, vol. 6, no. 4, s. 345–354.
• Stone R., 1954, Linear expenditure systems and demand analysis: An application to the pattern of British demand, The Economic Journal, vol .64, no. 255, s. 511–527.
• Stone R., Rowe D.A., Corlett W.J., Hurstfield R., Potter M., 1954, The measurement of consumers’ expenditure and behaviour in the United Kingdom, 1920–1938, Cambridge University Press, Cambridge.
• Subramanian S., Deaton A., 1996, The demand for food and calories, Journal of Political Economy, vol. 104, no. 1, s. 133–162.
• Veblen T., 1899, Theory of the Leisure Class, MacMillan, New York.
• Zaleśkiewicz T., 2011, Psychologia ekonomiczna, Wydawnictwo Naukowe PWN, Warszawa.