(english) The multidimensionality of poverty is now fully acknowledged. A number of studies show a weak correlation between the monetary approach to poverty and household's subjective perception of wellbeing. Recent studies in developed countries demonstrate that well-being is not only based on...

Because of the lack of panel data there have been few studies on poverty dynamics in developing countries. Furthermore, because of methodological differences, it is difficult to draw general conclusions from them. This paper analyses a large sample of Peruvian and Madagascan urban households...