The Houtman-Maks index is a measure of the size of a violation of utility maximizing (i.e., rational) behavior. This note introduces the Stata command hmindex, which calculates the Houtman-Maks index for a data set of prices and observed choices of a consumer. The command is illustrated with an...

In the measurement of multidimensional deprivation, dimensions of deprivation are often weighted by people using either their own implicit value judgements or data based statistical methods. Each of these methods has limitations. The weights based on implicit value judgements leave no scope for...

This paper proposes a framework for modelling projections of multidimensional poverty. We use recently published data of changes over time in multidimensional poverty for 75 countries which is based on time-consistent indicators. We consider and evaluate different approaches to model the...