A Simple Axiomatization of the Foster, Greer and Thorbecke Poverty Orderings
The paper presents a simple characterization of the poverty orderings which are represented by a poverty measure belonging to the Foster, Greer, and Thorbecke class. All properties introduced are formulated within an ordinal framework. Furthermore, a new concept is proposed: the equivalent societal income which-if given to each individual in society-yields the same level of poverty as the actual income distribution. It is a specific indicator of the underlying poverty ordering, has attractive properties and allows us to prove the main result in a direct way. Copyright Blackwell Publishing, Inc. 2002.
Year of publication: |
2002
|
---|---|
Authors: | Ebert, Udo ; Moyes, Patrick |
Published in: |
Journal of Public Economic Theory. - Association for Public Economic Theory - APET, ISSN 1097-3923. - Vol. 4.2002, 4, p. 455-473
|
Publisher: |
Association for Public Economic Theory - APET |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Proportional income taxation and effective progressivity
Ebert, Udo, (2003)
-
Talents, Preferences and Inequality of Well-Being
Ebert, Udo, (2010)
-
Inequality of Well-Being and Isoelastic Equivalence Scales
Ebert, Udo, (2011)
- More ...