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Asset-based measurement of poverty

Andrea Brandolini, Silvia Magri (silvia.magri@bancaditalia.it) and Timothy M. Smeeding (smeeding@lafollette.wisc.edu)
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Timothy M. Smeeding: Institute for Research on Poverty and La Follette School of Public Affairs,University of Wisconsin-Madison

No 755, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset-poverty. We provide fresh cross-national evidence based on data from the Luxembourg Wealth Study.

Keywords: poverty indicators; income; wealth (search for similar items in EconPapers)
JEL-codes: D13 I32 (search for similar items in EconPapers)
Date: 2010-03
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Citations: View citations in EconPapers (106)

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Journal Article: Asset-based measurement of poverty (2010) Downloads
Working Paper: Asset-Based Measurement of Poverty (2010) Downloads
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