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Persistent link: https://www.econbiz.de/10013483901
We examine three families of one-parameter functional forms for estimating Lorenz curves: power (elementary and Pareto), exponential (elementary and Gupta) and fractional (Rohde). The computing difficulties to determine the headcount ratio (i.e., the percentage of poor) have been underestimated....
Persistent link: https://www.econbiz.de/10012937624
When evaluating poverty, the relative poverty line may be considered as a percentage of the median income or it may be a percentage of the average income. It is proved that, with a poverty line relative to the median income, reducing poverty may become less costly in proportion to the total...
Persistent link: https://www.econbiz.de/10012709227
When evaluating poverty, the relative poverty line may be considered as a percentage of the median income or it may be a percentage of the average income. It is proved that, with a poverty line relative to the median income, reducing poverty may become less costly in proportion to the total...
Persistent link: https://www.econbiz.de/10005579076