Multidimensional Indicators of Inequality and Poverty

Satya Chakravarty and Maria Ana Lugo

A chapter in Poverty, Social Exclusion and Stochastic Dominance, 2019, pp 223-259 from Springer

Abstract: Abstract This chapter reviews the main features of multidimensional indices of inequality and poverty. For each of these cases, the discussion is divided into two approaches: a direct approach, where desirable properties are specified and a measure of inequality or poverty obtained; and the inclusive measure of well-being approach, where an index of individual well-being is defined in a first step, and the measure of inequality or poverty obtained in a second step. The emphasis will be on the properties that different measures satisfy and on the main justifications put forward when properties disagree.

Keywords: Multidimensional indicators; Inequality; Poverty; Well-being (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:thechp:978-981-13-3432-0_14

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DOI: 10.1007/978-981-13-3432-0_14

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