Multidimensional well-being indicators have the potential to reduce the "bias” associated to monetary indicators. However, they face stringent data constraints. This paper studies the construction of indicators that strike a balance between (i) reliability in approximating conceptually sound...

Most multidimensional poverty measures used in practice, including the global Multidimensional Poverty Index, are based on the adjusted headcount ratio. This paper shows that this poverty index provides perverse incentives. Policies that minimize this index prioritize targeting the least...