A note on the measurement of poverty persistence

Antonio Villar

Economics Letters, 2024, vol. 236, issue C

Abstract: This paper introduces a poverty index that incorporates poverty persistence as an integral part of poverty measurement within a multiperiod framework. Using familiar tools (logarithmic utilities and a utilitarian social welfare function) we obtain a mathematically straightforward poverty index, which can be interpreted as an estimate of the social cost of poverty. This index can be neatly decomposed into incidence, intensity, and inequality, and is additively decomposable by population subgroups. It consists of the log of the geometric mean of individual intertemporal utility losses.

Keywords: Poverty persistence; Welfare loss; Logarithmic utility; Utilitarian welfare function; Decomposability (search for similar items in EconPapers)
JEL-codes: D31 I32 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176524000545
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:236:y:2024:i:c:s0165176524000545

DOI: 10.1016/j.econlet.2024.111571

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().