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Measuring Welfare, Poverty and Inequality

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  • Pyatt, Graham
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    Abstract

    A class of poverty measures is identified, the members of which satisfy strong monotonicity and transfer conditions. These measures are closely related to indices of income inequality based on the notion of a mean-equivalent income. A restriction on the class of admissible measures allows poverty to be interpreted in terms of the loss in mean-equivalent income resulting from the fact that some people are poor. Copyright 1987 by Royal Economic Society.

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    Bibliographic Info

    Article provided by Royal Economic Society in its journal The Economic Journal.

    Volume (Year): 97 (1987)
    Issue (Month): 386 (June)
    Pages: 459-67

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    Handle: RePEc:ecj:econjl:v:97:y:1987:i:386:p:459-67

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    Cited by:
    1. Ravallion, Martin, 1994. "Measuring Social Welfare with and without Poverty Lines," American Economic Review, American Economic Association, vol. 84(2), pages 359-64, May.
    2. Geoffrey A. Jehle, 1992. "An Islamic Perspective on Inequality in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(3), pages 295-316.
    3. Pedro Albarran & Ignacio Ortuno & Javier Ruiz-Castillo, 2009. "The measurement of low- and high-impact in citation distributions: technical results," Economics Working Papers we095735, Universidad Carlos III, Departamento de Economía.
    4. Storchmann, Karl, 2005. "Long-Run Gasoline demand for passenger cars: the role of income distribution," Energy Economics, Elsevier, vol. 27(1), pages 25-58, January.
    5. Yitzhaki, Shlomo, 2002. "Do we need a separate poverty measurement?," European Journal of Political Economy, Elsevier, vol. 18(1), pages 61-85, March.
    6. Subramanian, S., 2004. "Indicators of Inequality and Poverty," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).

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