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There is growing support for using global income poverty measures that account for both own income and relative income … relative income, the standard poverty indices are not necessarily reduced when a poor individual escapes poverty. We develop a … theory of global poverty measurement with preference heterogeneity. Surprisingly, a simple modification of the headcount …
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This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The … arguments for combining both approaches into a single "overall” monetary poverty measure are introduced. The most salient … proposals of hybrid poverty lines are presented. Then, the reasons why specific poverty indices may be required when a hybrid …
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can be used as distribution sensitive poverty measures and as inequality measures, with the same simple intuitive units …
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