Arbeitspapier
On the Definition and Measurement of Chronic Poverty
As an alternative to the conventional methods for measuring chronic poverty, this paper proposes an interpersonal comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the fact that individuals regularly undertake inter-period income transfers. Moreover, the approach allows for individual-specific interest rates on borrowing and saving as well as for the presence of liquidity constraints. Due to the general nature the proposed method proves useful for evaluating the theoretical basis of the standard methods for measuring chronic poverty.
- Sprache
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Englisch
- Erschienen in
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Series: Discussion Papers ; No. 497
- Klassifikation
-
Wirtschaft
Social Choice; Clubs; Committees; Associations
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Measurement and Analysis of Poverty
- Thema
-
Intertemporal choice
liquidity constraints
permanent income
chronic poverty.
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Aaberge, Rolf
Mogstad, Magne
- Ereignis
-
Veröffentlichung
- (wer)
-
Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Aaberge, Rolf
- Mogstad, Magne
- Statistics Norway, Research Department
Entstanden
- 2007