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
Englisch

Erschienen in
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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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Aaberge, Rolf
  • Mogstad, Magne
  • Statistics Norway, Research Department

Entstanden

  • 2007

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