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Bourguignon and Fields ("Poverty Measures and Anti-Poverty Policy") and Gangopadhyay and Subramanian ("Optimal Budgetary Intervention in Poverty Alleviation Schemes") have derived optimal budgetary rules for the redress of poverty through direct income transfers when poverty is measured by the...
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This note advances a family of poverty measures, Πα, which are derived as simple, normalized Minkowski distance functions. The Πα indices turn out to be the ?th roots of the corresponding Foster, Greer and Thorbecke P? indices. The re-calibration of P? terms of ?? could have certain possible...
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