The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...

We derive an explicit formula of the Watts’ poverty index, in terms of parametersof bivariate lognormal distributions of price indices and nominal livingstandards. This result enables us to: analyse the contributions of the distributionsof prices and nominal living standards in poverty;...

Using parametric formulae under lognormality for a broad family of povertymeasures, we show that when inequality measured by the Gini coeffcient isconstant, dening the poverty line as a fraction of a central tendency of theliving standard distribution restricts the evolution of the poverty...

Living standard indicators are complex nonlinear statistics based on fundamen-tal components (income or consumption data, prices, household characteristics andenvironment). The statistical distributions of these components, which are oftenincompletely obseved, are central to study utilitarian...

A priori knowledge about the shape of living standards distribution has notbeen fully exploited in the literature to investigate properties of poverty indices.The method we propose is to exploit credible distributional assumptions to: generateadditional properties for poverty indices; relate the...

We derive an explicit formula of the Watts’ poverty index, in terms of parametersof bivariate lognormal distributions of price indices and nominal livingstandards. This result enables us to: analyse the contributions of the distributionsof prices and nominal living standards in poverty;...

This paper is motivated by the lack of any obvious relationship betweenaggregate poverty and unemployment in Great Britain. We derive aframework based on individuals’ risks of unemployment and poverty,and how these vary over the economic cycle. Analysing the BritishHousehold Panel Survey for...

The Lisbon summit of the European Council in March 2000 declared the number ofpeople living in poverty and social exclusion in the European Union to beunacceptable, and called for steps to tackle the issue, beginning with the setting oftargets for particular indicators. The targets suggested...

The concept of social exclusion has been widely debated in Europe butits application to children has seen relatively little discussion. What couldbe meant by exclusion of children is the first main theme of the paper.Among other things, I consider the choice of reference group, thegeographical...