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Institute For Research On Poverty
The Institute for Research on Poverty is a nonprofit, nonpartisan research institute at the University of Wisconsin–Madison dedicated to studying poverty and economic inequality. It was established in March 1966, as a result of an agreement between UW–Madison and the Office of Economic Opportunity. It is the oldest center for poverty research still active in the United States, and had over 150 faculty affiliates from universities across the United States (as of 2017). Founding The key figure behind its founding was Robert Lampman, a professor of economics at UW–Madison, who also served as the Institute's interim director. Lampman did not expect the Institute to last for very long, as he thought poverty in the United States would be eliminated soon after its founding. Directors The following people have been director of the Institute: * Robert Lampman (interim director; March–June 1966) *Harold Watts (1966–71) *Robert Haveman (1971–75) *Irwin Garfinkel (1975–80) *Eug ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Eugene Smolensky
Eugene Smolensky is an economist and emeritus professor at the Goldman School of Public Policy, University of California, Berkeley, where he served as Dean from 1988 to 1997. He is Vice President of the International Institute of Public Finance and Vice-Chair of the Board of Trustees of the Russell Sage Foundation. As an economist, Smolensky “studies welfare policy and the impact of economic and demographic changes on the distribution of income among various social groups.”. He was also a professor and chair of the Economics Department at the University of Wisconsin–Madison and an Associate Professor at the University of Chicago. He was also director of the Institute for Research on Poverty from July 1980 until July 1983. Education Smolensky earned his doctorate in economics in 1961 from the University of Pennsylvania under Richard Easterlin Richard Ainley Easterlin (born 12 January 1926) is a professor of economics at the University of Southern California. He is best k ...
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University Of Wisconsin–Madison
The University of Wisconsin–Madison (University of Wisconsin, Wisconsin, UW, UW–Madison, or simply Madison) is a public land-grant research university in Madison, Wisconsin. Founded when Wisconsin achieved statehood in 1848, UW–Madison is the official state university of Wisconsin and the flagship campus of the University of Wisconsin System. It was the first public university established in Wisconsin and remains the oldest and largest public university in the state. It became a land-grant institution in 1866. The main campus, located on the shores of Lake Mendota, includes four National Historic Landmarks. The university also owns and operates the University of Wisconsin–Madison Arboretum, located south of the main campus, which is also a National Historic Landmark. UW–Madison is organized into 20 schools and colleges, which enrolled 33,506 undergraduate, 9,772 graduate, 1,968 special, and 2,686 professional students in 2021. Its academic programs include 136 u ...
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1966 Establishments In Wisconsin
Events January * January 1 – In a coup, Colonel Jean-Bédel Bokassa takes over as military ruler of the Central African Republic, ousting President David Dacko. * January 3 – 1966 Upper Voltan coup d'état: President Maurice Yaméogo is deposed by a military coup in the Republic of Upper Volta (modern-day Burkina Faso). * January 10 ** Pakistani–Indian peace negotiations end successfully with the signing of the Tashkent Declaration, a day before the sudden death of Indian prime minister Lal Bahadur Shastri. ** Georgia House of Representatives, The House of Representatives of the US state of Georgia refuses to allow African-American representative Julian Bond to take his seat, because of his anti-war stance. ** A Commonwealth Prime Ministers' Conference convenes in Lagos, Nigeria, primarily to discuss Rhodesia. * January 12 – United States President Lyndon Johnson states that the United States should stay in South Vietnam until Communism, Communist aggression there is e ...
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Research Institutes In Wisconsin
Research is " creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to controlling sources of bias and error. These activities are characterized by accounting and controlling for biases. A research project may be an expansion on past work in the field. To test the validity of instruments, procedures, or experiments, research may replicate elements of prior projects or the project as a whole. The primary purposes of basic research (as opposed to applied research) are documentation, discovery, interpretation, and the research and development (R&D) of methods and systems for the advancement of human knowledge. Approaches to research depend on epistemologies, which vary considerably both within and between humanities and sciences. There are several forms of research: scientific, humanities, artistic, ec ...
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Barbara Wolfe
Barbara Wolfe is an economist and the Richard A. Easterlin Professor of Economics, Population Health Sciences, and Public Affairs at the University of Wisconsin–Madison. Wolfe is also a faculty affiliate at the Institute for Research on Poverty. She is a research associate at the National Bureau of Economic Research, NBER, and the Levy Institute of Bard College. She is also an emeritus fellow at the Institute of Labor Economics (IZA). She obtained her PhD from the University of Pennsylvania. Research Wolfe's research mainly focuses on health economics and the Economics of Poverty. Her works have been quote more than 19900 times according to Google Scholar. She is a member of the National Academy of Medicine. She has published in the ''Journal of Economic Literature'', the The American Economic Review, American Economic Review, Demography (journal), Demography and the The Journal of Human Resources, Journal of Human Resources. Her research has been featured in NPR, The Atlant ...
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Robert M
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ...
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Charles Manski
Charles Frederick Manski (born November 27, 1948 in Boston), is Professor of Economics at Northwestern University, an econometrician in the realm of rational choice theory, and an innovator in the arena of parameter identification.Charles Manski, Partial Identification of Probability Distributions, New York: Springer-Verlag, 2003. His research spans econometrics, judgment and decision, and the analysis of social policy (such as work on school choice). A specialist in prediction and decision, he is known within the economics field for landmark work on partial identification, identification of discrete choice models, and identification of social interactions. He has also performed substantial empirical research on measurement of expectations in surveys. Manski was predicted to win the Nobel Prize in 2015 by Reuters along with two other economists. Chicago economist John A. List for his work on field experiments and English economist Richard Blundell for his work on labor markets ...
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Robert Lampman
Robert James Lampman (September 25, 1920 in Plover, Wisconsin, Plover, Wisconsin–March 4, 1997 in Madison, Wisconsin, Madison) was an American economist known for his research on poverty and the measurement of income distribution. Academic career Lampman was a professor of economics at the University of Wisconsin–Madison from 1958 until his retirement in 1987. From 1962 to 1963, he was a member of President John F. Kennedy's Council of Economic Advisors, where he began working after being brought to Washington, D.C. by Walter Heller. He is well known for his work on the Council, which played a major role in the design of the United States government's War on Poverty in the 1960s, including writing the chapter on poverty in the 1964 Economic Report of the President. This work led James Tobin to say in 1997 that Lampman was "the intellectual architect of the War on Poverty". After returning to the University of Wisconsin, he became also a major force behind the founding of the Un ...
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Madison, Wisconsin
Madison is the county seat of Dane County and the capital city of the U.S. state of Wisconsin. As of the 2020 census the population was 269,840, making it the second-largest city in Wisconsin by population, after Milwaukee, and the 80th-largest in the U.S. The city forms the core of the Madison Metropolitan Area which includes Dane County and neighboring Iowa, Green, and Columbia counties for a population of 680,796. Madison is named for American Founding Father and President James Madison. The city is located on the traditional land of the Ho-Chunk, and the Madison area is known as ''Dejope'', meaning "four lakes", or ''Taychopera'', meaning "land of the four lakes", in the Ho-Chunk language. Located on an isthmus and lands surrounding four lakes—Lake Mendota, Lake Monona, Lake Kegonsa and Lake Waubesa—the city is home to the University of Wisconsin–Madison, the Wisconsin State Capitol, the Overture Center for the Arts, and the Henry Vilas Zoo. Madison is ho ...
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Office Of Economic Opportunity
The Office of Economic Opportunity was the agency responsible for administering most of the War on Poverty programs created as part of United States President Lyndon B. Johnson's Great Society legislative agenda. It was established in 1964 as an independent agency and renamed the Community Services Administration in 1975. In 1981, it was moved into the Department of Health and Human Services as the Office of Community Services, with most of its programs continuing to operate. History Independent agency The office was created through the efforts of R. Sargent Shriver, who also served as its first director. Programs such as VISTA, Job Corps, Community Action Program, and Head Start (though that program was later transferred to the Department of Health, Education and Welfare) were all administered by the OEO. It was established in 1964, but quickly became a target of both left-wing and right-wing critics of the War on Poverty. President Richard Nixon's appointment of Howard Ph ...
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Economic Inequality
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of wealth people own). Besides economic inequality between countries or states, there are important types of economic inequality between different groups of people. Important types of economic measurements focus on wealth, income, and consumption. There are many methods for measuring economic inequality, the Gini coefficient being a widely used one. Another type of measure is the Inequality-adjusted Human Development Index, which is a statistic composite index that takes inequality into account. Important concepts of equality include equity, equality of outcome, and equality of opportunity. Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations. Income inequality between nations peak ...
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