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We examine the measurement of individual poverty in an intertemporal context. Our aim is to capture the importance of persistence in a state of poverty and we characterize a corresponding individual intertemporal poverty measure. Our first axiom requires that intertemporal poverty is identical...
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We examine the measurement of individual poverty in an intertemporal context. Our aim is to capture the importance of persistence in a state of poverty and we characterize a corresponding individual intertemporal poverty measure. Our first axiom requires that intertemporal poverty is identical...
Persistent link: https://www.econbiz.de/10008500391
We introduce a one-parameter class of individual deprivation measures. Motivated by a suggestion of Runciman, we modify Yitzhaki’s index by multiplying it by a function that is interpreted as measuring the part of deprivation generated by an agent’s observation that others in his reference...
Persistent link: https://www.econbiz.de/10005135143
We examine the measurement of individual poverty in an intertemporal context. In contrast to earlier contributions, we assign importance to the persistence in a state of poverty and we characterize a class of individual intertemporal poverty measures reflecting this feature. In addition, we...
Persistent link: https://www.econbiz.de/10005413397
We characterize a generalization of the linear index of individual deprivation. Our class allows for an income increase of a higher-income individual to have a stronger impact the closer they occur to the income of the person under consideration.
Persistent link: https://www.econbiz.de/10010743735
We propose and characterize a generalization of the classical linear index of individual deprivation based on income shortfalls. Unlike the original measure, our class allows for increases in the income of a higher-income individual to have a stronger impact on a person’s deprivation the...
Persistent link: https://www.econbiz.de/10010616517