Brandolini, Andrea; Magri, Silvia; Smeeding, Timothy M. - Banca d'Italia - 2010
Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also … depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of … household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset-poverty …