Absolute and Relative Poverty Measurement: A Survey
Year: 2022
Type: report
Abstract: 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.
Author: Benoit Decerf
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
SDG: No poverty
Open Access status: green
OpenAlex ID: W4280630199
