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Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a focus axiom in the...
Persistent link: https://www.econbiz.de/10010306840
Headcount measures of poverty are by far the most common tools for evaluating poverty and gauging progress in global development goals. The headcount ratio, or the prevalence of poverty, and the headcount, or the number of the poor, both convey tangible information about poverty. But both ignore...
Persistent link: https://www.econbiz.de/10011401676
This paper proposes a concept of inequality comparisons with ordinal multidimensional categorical data. In our model, one population is more unequal than another when they have common arithmetic median outcomes and the first can be obtained from the second by correlation-increasing switches...
Persistent link: https://www.econbiz.de/10010333682
In this paper we develop a multidimensional poverty measure that attempts to capture absolute poverty in the functioning space. As suggested by Sen, if the measure aims to be absolute in the functioning space, it needs to be relative in the resource space. To generate a relative measure, this...
Persistent link: https://www.econbiz.de/10011990061
This paper deals with concepts of multidimensional poverty measurement and applies them to Germany. Three concepts of poverty are examined and included into one multidimensional approach: economic well being, capability and social exclusion. The empirical application relies on indices introduced...
Persistent link: https://www.econbiz.de/10010269813
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz curve, but can also be seen as a measure of polarization...
Persistent link: https://www.econbiz.de/10010275899
This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional years spent in poverty (PY) are conservatively...
Persistent link: https://www.econbiz.de/10012270227
We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...
Persistent link: https://www.econbiz.de/10014000631
We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...
Persistent link: https://www.econbiz.de/10014000797
The measurement of well-being in its multidimensional aspects has become ever more prominent in monitoring development over the last three decades. This note discusses some of the properties of a recent multidimensional index proposed by the UNDP. Unlike most of its predecessors, UNDP's...
Persistent link: https://www.econbiz.de/10014000799