Poverty and Time

Autor: Satya R. Chakravarty, Walter Bossert, Conchita D'Ambrosio
Přispěvatelé: Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques, Bossert, W, Chakravarty, S, D'Ambrosio, C
Rok vydání: 2019
Předmět:
Zdroj: Poverty, Social Exclusion and Stochastic Dominance ISBN: 9789811334313
DOI: 10.1007/978-981-13-3432-0_6
Popis: We examine the measurement of individual poverty in an intertemporal context. Our aim is to capture the importance of persistence in a state of poverty and we characterize a corresponding individual intertemporal poverty measure. Our first axiom requires that intertemporal poverty is identical to static poverty in the degenerate single-period case. The remaining two properties express decomposability requirements within poverty spells and across spells in order to reflect the persistence issue. In addition, we axiomatize an aggregation procedure to obtain an intertemporal poverty measure for societies and we illustrate our new index with an application to EU countries. © 2011 Springer Science+Business Media, LLC
Databáze: OpenAIRE