Reference Budget-Based Approach to Absolute Poverty Measurement

Balint Menyhert (), Zsombor Cseres-Gergely (), Virmantas Kvedaras (), Benedetta Mina (), Filippo Pericoli () and Slavica Zec ()
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Balint Menyhert: Joint Research Centre
Zsombor Cseres-Gergely: Joint Research Centre
Virmantas Kvedaras: Joint Research Centre
Benedetta Mina: Joint Research Centre
Filippo Pericoli: Joint Research Centre
Slavica Zec: Joint Research Centre

Chapter Chapter 4 in Measuring and Monitoring Absolute Poverty in the European Union, 2025, pp 91-122 from Springer

Abstract: Abstract Reference budgets are illustrative priced baskets of goods and services that indicate households’ minimum financial needs in association with a chosen standard of living. This chapter gives a detailed account of how absolute poverty measurement in the European context may be based on reference budgets as its central component. The so-called budget-based approach of ABSPO measurement explores the related limits and challenges and develops a methodology to extend existing reference budget inputs and ensure full population coverage for consistent absolute poverty measurement in three pilot countries (Belgium, Finland, Hungary).

Keywords: Reference budgets; Absolute poverty measurement; European Union (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-63953-1_4

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DOI: 10.1007/978-3-031-63953-1_4

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