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One of the targets of Europe's growth strategy (Europe 2020) is "reduction of poverty by aiming to lift at least 20 … million people out of the risk of poverty or social exclusion". Since poverty is a multidimensional concept, EUROSTAT proposes … three indicators to calculate it: people at risk-of-poverty after social transfers (persons are at risk of poverty if their …
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addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …
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Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...
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, Israel, Poland, South Africa, Switzerland, Taiwan, United States) in different time periods (1999-2012). We find considerable … economies of scale are understated (as is the case when using the 'square root of household size'), the relative poverty …
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