Poverty Measures and Anti-Poverty Policy with an Egalitarian Constraint
Sreenivasan Subramanian
No RP2004-12, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Bourguignon and Fields ('Poverty Measures and Anti-Poverty Policy') and Gangopadhyay and Subramanian ('Optimal Budgetary Intervention in Poverty Alleviation Schemes') have derived optimal budgetary rules for the redress of poverty through direct income transfers when poverty is measured by the Foster, Greer and Thorbecke Pα class of indices in the context of a constrained optimization exercise which one may call the 'canonical problem'.
Keywords: Equality and inequality; Government policy (Poor); Poverty; Poverty measurement (search for similar items in EconPapers)
Date: 2004
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