Asset-Based Measurement of Poverty

Silvia Magri, Timothy Smeeding () and Andrea Brandolini ()

No 10, LWS Working papers from LIS Cross-National Data Center in Luxembourg

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 assetpoverty. We provide fresh cross-national evidence based on data from the Luxembourg Wealth Study.

Keywords: poverty; vulnerability; income; net worth (search for similar items in EconPapers)
JEL-codes: D31 I32 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2010-04
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Citations: View citations in EconPapers (87)

Published in Journal of Policy Analysis and Management 29, no. 2 (2010): 267-284.

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Related works:
Journal Article: Asset-based measurement of poverty (2010)
Working Paper: Asset-based measurement of poverty (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:lis:lwswps:10

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