Being Poor, Feeling Poorer: Combining objective and subjective measures of welfare in Albania

Calogero Carletto and Alberto Zezza

No 04-12, Working Papers from Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA)

Abstract: As shown empirically for many transition economies, even small changes in assumptions on economies of size and adult equivalence scales are likely to produce significant changes in the analysis of poverty and its distribution across households and individuals. Since such exercises are then used to orient and prioritize policy actions (e.g. the targeting of scarce social assistance resources) it is important to refine our understanding of the extent to which poverty measures and the resulting profiles are sensitive to specific assumptions. In this paper we investigate how combining objective and subjective measures of welfare can provide insights that are helpful in addressing these questions, particularly with respect to the presence of economies of scale in consumption.

Keywords: Albania; Development policies; Economic development; Economic dualism; Economic systems; Income; Informal sector; Living standards; Mathematical models; Poverty; Rural development; Social change; Social conditions; Social policies; Social welfare; Socioec (search for similar items in EconPapers)
JEL-codes: D60 I31 I32 O52 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Being poor, feeling poorer: Combining objective and subjective measures of welfare in Albania (2006)
Working Paper: Being poor, feeling poorer: Combining objective and subjective measures of welfare in Albania (2004)
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