Defining and Measuring (Extreme) Poverty

Paul Makdissi () and Quentin Wodon ()

Cahiers de recherche from Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke

Abstract: An axiomatic approach is used to propose a measure of extreme poverty which is not only multidimensional in nature, but also recognizes the fact that there are interaction effects between different deprivations, and that the length of time during which deprivations are felt may also have a negative impact on household well-being. The proposed definition of extreme poverty formalizes an approach developed by Joseph Wresinski, the founder of the International Movement ATD Fourth World.

Keywords: Deprivation; Multidimensional Welfare; Chronic Poverty (search for similar items in EconPapers)
JEL-codes: D81 D63 I30 O13 (search for similar items in EconPapers)
Date: 2001, Revised 2004
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Persistent link: http://EconPapers.repec.org/RePEc:shr:wpaper:04-05

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