EconPapers    
Economics at your fingertips  
 

Measuring lifetime poverty

Michael Hoy and Buhong Zheng

Journal of Economic Theory, 2011, vol. 146, issue 6, 2544-2562

Abstract: This paper presents an axiomatic framework for measuring lifetime poverty over multiple periods. For an individual, we argue that lifetime poverty is influenced by both the “snapshot” poverty of each period and the poverty level of the “permanent” lifetime consumption; it is also influenced by how poverty spells are distributed over the lifetime. We axiomatically characterize classes of lifetime poverty indices and derive dominance conditions of poverty orderings for both individual and societal lifetime poverty measurements.

Keywords: Lifetime poverty; Snapshot poverty; Chronic poverty; Poverty measurement (search for similar items in EconPapers)
JEL-codes: I32 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S002205311100144X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Measuring Lifetime Poverty (2008) Downloads
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:jetheo:v:146:y:2011:i:6:p:2544-2562

DOI: 10.1016/j.jet.2011.10.011

Access Statistics for this article

Journal of Economic Theory is currently edited by A. Lizzeri and K. Shell

More articles in Journal of Economic Theory from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-31
Handle: RePEc:eee:jetheo:v:146:y:2011:i:6:p:2544-2562