This paper uses estimates of the Sen-Shorrocks-Thon measure of poverty intensity in Canadian provinces, and the 95 percent confidence interval surrounding such estimates, for 1984, 1989 and 1991-96 to compare Canadian provinces over time and internationally. Coinciding with a more general social...

In this paper, we propose a unified framework for the Sen indices of poverty intensity that shows an explicit connection between the indices and the common underlying social evaluation function. We also identify the common multiplicative decomposition of the indices that allows simple and...

This paper proposes an alternative formulation for the Sen-Shorrocks-Thon (SST) index of poverty intensity that is appropriate for survey data with sampling weights. It also decomposes the SST index into the poverty rate, the average poverty gap ratio among the poor, and the overall Gini index...

type="main" <p>Worrying about possible future economic dangers subtracts from the present well-being of individuals, which is why affluent societies have complex systems of private insurance and public social protection to provide a degree of economic security. However, such protections are largely...</p>

Historically, discussions of income inequality have emphasised cross-sectional comparisons of levels of inequality of income. These comparisons have been used to argue that countries with more inequality are less healthy, less democratic, more crime-infested, less happy, less mobile and less...

People feel economically insecure when they perceive a significant hazard or danger looming in the future, which they are unable to insure against, avoid or ignore. While all OECD countries devote significant resources to mitigate economic insecurity, no consensus exists on the best way to...