Welfare Approaches to the Measurement of Poverty.
A set of poverty indices is constructed which is based on an explicit view of the loss of social welfare which results from the existence of poverty, in comparison t o a society in which poverty has been eliminated. The indices are based on the entire distribution of income, rather than only the incomes of the poor, and thus embody the concept of relative deprivation. Formal properties of the indices are developed, together with their relationship to welfare based inequality indices; both are seen as subsets of a wider choice of measures dependent on a particular choice of "reference" distribution. Copyright 1987 by Royal Economic Society.
Year of publication: |
1987
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Authors: | Vaughan, R N |
Published in: |
Economic Journal. - Royal Economic Society - RES, ISSN 1468-0297. - Vol. 97.1987, 388a, p. 160-70
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Publisher: |
Royal Economic Society - RES |
Saved in:
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