Absolute and Relative Poverty Measurement A Survey
This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The arguments for combining both approaches into a single "overall" monetary poverty measure are introduced. The most salient proposals of hybrid poverty lines are presented. Then,...
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| Format: | eBook |
| Language: | English |
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Washington, D.C
The World Bank
2022
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The arguments for combining both approaches into a single "overall" monetary poverty measure are introduced. The most salient proposals of hybrid poverty lines are presented. Then, the reasons why specific poverty indices may be required when a hybrid line is used are discussed. The class of hierarchical poverty indices is described, focusing in particular on the hierarchical headcount ratio |
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| Physical Description: | 19 pages |