Financial poverty indicators still play an important role in policymaking and evaluation. Countries such as the USA and the EU member states use one or several 'official' poverty indicators on which success of poverty reduction policy is regularly monitored. Whereas the US poverty indicator is...

Official poverty methodologies differ from other poverty measurement methods in the sense that the official ones are more often used as a benchmark to develop new policies as well as to evaluate the performance of existing programs. Europe has the tradition and the practice to use relative...

There are striking differences between relative and absolute poverty rates in the European Union and the United States. In this paper, we apply the official poverty measurement methods of the United States (absolute) and the European Union (relative) to both regions. Official poverty rates...