Abstract:
This paper develops the link between poverty and inequality by focussing on a class of poverty indices (some of them well-known) which aggregate normative concerns for absolute and relative deprivation. The indices are distinguished by a parameter that captures the ethical sensitivity of poverty measurement to "exclusion" or "relative-deprivation" aversion.
More papers in Working Papers from New South Wales - School of Economics Address: THE UNIVERSITY OF NEW SOUTH WALES, SCHOOL OF ECONOMICS, P.O.B. 1 KENSINGTON, NEW SOUTH WALES 2033 AUSTRALIA. Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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