Luo, Feijun - In: Studies on economic well-being : essays in the honor of …, (pp. 363-393). 2004
This paper evaluates consumption-based poverty in the United States using Consumer Expenditure Survey data. The poverty measures rest upon micro-theoretic foundations of utility maximizing behavior and a complete demand system. The Translog model (Christensen et al., 1975) is used to replicate...