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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
This study explores the evolution of inequality in Latin America during the COVID-19 pandemic using primary data available from household and employment surveys collected in 2020. Inequality increased on average by 2 percent between 2019 and 2020, twice the average annual growth in the...
Persistent link: https://www.econbiz.de/10014518312
Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it should disproportionally benefit the poor. The paper...
Persistent link: https://www.econbiz.de/10010280068
By using the five waves of the China Household Income Project surveys conducted during 1988-2013, this paper investigates long-term changes in income inequality and poverty in China. Income inequality rose before 2007 and then fell by a small amount. The main reason for the rise in income...
Persistent link: https://www.econbiz.de/10012146450