We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity – one a … strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also …-dependent aggregation of type-specific poverty levels, is also introduced. Using household survey data from eighteen European countries in …

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …