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In response to the COVID-19 pandemic two new timely poverty measures have been developed to monitor fast …-changing economic conditions for the most deprived. The Han et al. near real-time poverty measure uses responses to a global income … poverty measure, widely cited in the media, uses data from the Annual Social and Economic Supplement to the CPS and other …
Persistent link: https://www.econbiz.de/10013362025
poverty were very similar. In 2021 and 2022, however, changes in income and consumption poverty were quite different …--consumption poverty fell less than income poverty in 2021, and then income poverty rose sharply in 2022 while consumption poverty … measures appears to be saving during the pandemic followed by dissaving, even among those near the poverty line. This finding …
Persistent link: https://www.econbiz.de/10015094894
In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data … consumption. Measures of overall and sub-group poverty also sharply differ. In addition to examining broader populations and a …
Persistent link: https://www.econbiz.de/10012465193
We evaluate consumption and income measures of the material well-being of the poor. We begin with conceptual and pragmatic reasons that favor income or consumption. Then, we empirically examine the quality of standard data by studying measurement error and under-reporting, and by comparing...
Persistent link: https://www.econbiz.de/10012468938
This paper considers the long-run patterns of poverty in the United States from the early 1960s to 2010. Our results … contradict previous studies that have argued that poverty has shown little improvement over time or that anti-poverty efforts … have been ineffective. We find that moving from traditional income-based measures of poverty to a consumption-based measure …
Persistent link: https://www.econbiz.de/10012459943