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This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10009004151
This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
This module illustrates how to define “relative” poverty lines, i.e. poverty lines based on approaches that consider … households belonging to the same community. In particular, the module, after emphasizing the importance of the relative poverty … concept in policy work, discusses two methods to define relative poverty lines: a) the “income levels” method; and b) the …
Persistent link: https://www.econbiz.de/10011258742
This module illustrates how to define “absolute” poverty lines, i.e poverty lines based on approaches that consider the …
Persistent link: https://www.econbiz.de/10011259212
This module illustrates how poverty can be defined in the context of policy impact analysis. After reporting and … discussing the definition of poverty as “the lack of, or the inability to achieve, a socially acceptable standard of living”, it … discusses the mono-dimensional and multi-dimensional approaches to the definition of poverty. Furthermore, the module focuses on …
Persistent link: https://www.econbiz.de/10011259907
This module describes two of the most commonly used poverty measures in applied policy works, i.e., the headcount ratio … (HR) and the poverty gap (PG) ratio. These are basic poverty indicators used to investigate impacts of public policies on … poverty. After providing a conceptual background to HR and PG, this module describes step-by-step procedures and provides …
Persistent link: https://www.econbiz.de/10011113381