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Multidimensional poverty measures are increasingly used in practice even though they face strong criticism and generate longlasting debates. These contentions primarily find their origin in the divergence between standard poverty identification practices and a welfarist definition of the poor....
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Simple welfare indices such as mean income are ubiquitous but not distribution sensitive. In contrast, existing distribution sensitive welfare indices are rarely used, often because they are difficult to explain and/or lack intuitive units. This paper proposes a simple new distribution sensitive...
Persistent link: https://www.econbiz.de/10014312740
The Covid-19 pandemic has brought about massive declines in wellbeing around the world. This paper seeks to quantify and compare two important components of those losses â increased mortality and higher poverty â using years of human life as a common metric. We estimate that almost 20 million...
Persistent link: https://www.econbiz.de/10014260888
I derive poverty indices taking into account both the absolute and relative aspects of income well-being. The trade-off made by the social planner between those two aspects is captured at individual level by a well-being ordering. This ordering evaluates the well-being of an agent based on her...
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Oportunidades was an innovative anti-poverty program that put additional resources in the hands of women and their families and encouraged parents to invest in the human capital of their children. This program was the first in its kind, and early evaluations demonstrating its success informed...
Persistent link: https://www.econbiz.de/10013538252