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Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a "focus axiom" in...
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Subgroup decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10008936400
Conventional approaches to the measurement of income-poverty require the ability to identify the poor by reference to a specified poverty line. On the face of it, it may appear to be unproblematic to specify such a poverty line. There are, however, analytical and conceptual difficulties entailed...
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The present paper is a selective overview, very considerably based on work in which the author himself has been involved, of the difficulties which can arise in the measurement of poverty and inequality when one compares populations of differing size. The paper begins with certain problems...
Persistent link: https://www.econbiz.de/10009539894
A natural way of viewing an inequality or a poverty measure is in terms of the vector distance between an actual (empirical) distribution of incomes and some appropriately normative distribution (reflecting a perfectly equal distribution of incomes, or a distribution with the smallest mean that...
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Bourguignon and Fields ("Poverty Measures and Anti-Poverty Policy") and Gangopadhyay and Subramanian ("Optimal Budgetary Intervention in Poverty Alleviation Schemes") have derived optimal budgetary rules for the redress of poverty through direct income transfers when poverty is measured by the...
Persistent link: https://www.econbiz.de/10011506417