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This paper extends the previous literature on the normative links between the measurement of poverty, social welfare … and inequality. We show how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute … poverty may be interpreted as a robust ranking of social welfare, and a robust ranking of relative poverty may be interpreted …
Persistent link: https://www.econbiz.de/10005609442
for comparing relative poverty. The results warn against the use of some popular indices of inequality.\ They do, however … poverty and restricted inequality. We also illustrate graphically how the new criteria of restricted inequality dominance …
Persistent link: https://www.econbiz.de/10005642138
In 1990, Cerioli and Zani introduced an operational multivariate method to analyse and measure poverty, aiming at … incorporating several dimensions of poverty. As Dagum and Costa [2004] showed, this study applies the fuzzy set theoretic approach … capability. The literature offers many ways to deal with inequalities in poverty. The most common approach is those of Amartya …
Persistent link: https://www.econbiz.de/10005642135
and ranges of poverty lines. We then provide statistical procedures that rely on the use of sample data to infer whether …
Persistent link: https://www.econbiz.de/10005467347
The paper explores different applications of the Shapley value for either inequality or poverty measures. We first … case of multiplicative poverty games for which indices are non additively decomposable in order to capture contributions of … sub-indices, which are multiplicatively connected with, as in the Sen-Shorrocks-Thon poverty index. We finally show in the …
Persistent link: https://www.econbiz.de/10008636376
Income variablity reduces social welfare if individuals are risk averse, and it is likely to increase inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of inequality and welfare and wage data from Mexico, this note shows that...
Persistent link: https://www.econbiz.de/10005770810