A comparison of poverty and welfare measures

David Madden ()

No 199710, Working Papers from School of Economics, University College Dublin

Abstract: The relatively widespread use of poverty measures is analysed and their properties compared with other definitions of welfare. Using a synthetic data set but one which shares some properties of the Irish income distribution of 1987, a number of changes in incomes are simulated and their impact upon a variety of poverty and welfare measures is analysed. It is argued that abbreviated welfare measures may summarise better what it is that concerns economists about poverty than do conventional poverty measures.

Keywords: Poverty; Inequality; Abbreviated Welfare; Social indicators--Ireland; Poverty--Ireland; Equality--Ireland (search for similar items in EconPapers)
JEL-codes: D63 I32 (search for similar items in EconPapers)
Date: 1997-03
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http://hdl.handle.net/10197/759 First version, 1997 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:199710

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