| Title: |
Income poverty measures with relative poverty lines |
| Authors: |
Benoit Decerf; Core Discussion Paper; Benoît Decerf |
| Contributors: |
The Pennsylvania State University CiteSeerX Archives |
| Source: |
http://www.ecore.be/DPs/dp_1404309793.pdf. |
| Publication Year: |
2014 |
| Collection: |
CiteSeerX |
| Subject Terms: |
relative poverty; absolute poverty; income poverty; poverty gap ratio. 1 |
| Description: |
I derive poverty indices taking into account both the absolute and relative aspects of income well-being. The trade-off made by the social planner between those two aspects is captured at individual level by a well-being ordering. This ordering evaluates the well-being of an agent based on her income and a reference statistic on the income distribution, typically the mean. A family of poverty indices respecting the judgements held in the ordering is axiomatically characterized. Then, I study the consequences of requiring the poverty indices to grant a minimal precedence to the absolute over the relative aspect of income well-being. This compelling requirement has strong implications. In particular, the Poverty Gap Ratio is the only index in the popular Foster-Greer-Thorbecke family to satisfy it. |
| Document Type: |
text |
| File Description: |
application/pdf |
| Language: |
English |
| Relation: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.430.9738; http://www.ecore.be/DPs/dp_1404309793.pdf |
| Availability: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.430.9738; http://www.ecore.be/DPs/dp_1404309793.pdf |
| Rights: |
Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: |
edsbas.47577E7F |
| Database: |
BASE |