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Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order …
Persistent link: https://www.econbiz.de/10014491230
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable … situation. This paper looks at the impact of vulnerability on the poverty line. The poverty line is adjusted in the presence of … vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical …
Persistent link: https://www.econbiz.de/10011561749