Poverty and well-being are multidimensional. Nobody questions that deprivations and achievements go beyond income …. There is, however, sharp disagreement on whether the various dimensions of poverty and well-being can be aggregated into a … single, multidimensional index in a meaningful way. Is aggregating dimensions of poverty and well-being useful? Is it …

around a constant income distribution to illustrate why standard measures of poverty, built on the intuitions of unchanging …This note considers income distribution at two points in time where the population has also changed in some way …

analyze the effects of a higher minimum wage in terms of poverty rather than in terms of unemployment. Second, we extend the … in which a higher minimum wage raises poverty, others where it reduces poverty, and yet others in which poverty is … unchanged. We characterize precisely how the poverty effect depends on four parameters: the degree of poverty aversion, the …