There is growing support for using global income poverty measures that account for both own income and relative income … relative income, the standard poverty indices are not necessarily reduced when a poor individual escapes poverty. We develop a … theory of global poverty measurement with preference heterogeneity. Surprisingly, a simple modification of the headcount …

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two different scenarios for its … poverty years and 4.3 million years of life lost across 150 countries. The ratio of PYs to LYs is very large in most countries …

There is growing support for the idea that global income poverty should be assessed with a measure accounting for both … paper studies the implications of requiring that the poverty measure makes a fair and welfare-consistent aggregation of … rule out the use of classical poverty indexes. In particular, the paper finds that the ubiquitoushead-count ratio violates …

This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The … arguments for combining both approaches into a single "overall” monetary poverty measure are introduced. The most salient … proposals of hybrid poverty lines are presented. Then, the reasons why specific poverty indices may be required when a hybrid …

This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The … arguments for combining both approaches into a single "overall" monetary poverty measure are introduced. The most salient … proposals of hybrid poverty lines are presented. Then, the reasons why specific poverty indices may be required when a hybrid …