This paper examines the measurement of social welfare, poverty and inequality taking into account reference … ; poverty ; inequality ; welfare measurement ; vulnerability …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We …

poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …

This paper proposes a class of decomposable poverty measures. It incorporates ideas of flexible minimum basic … poverty measure can be used in a straightforward manner to derive a metric to evaluate the efficiency of the public transfer …

poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …