Empirical issues in lifetime poverty measurement
AbstractThis paper demonstrates the implications of adopting an approach to measuring poverty that takes into account the lifetime experience of individuals rather than simply taking a static or cross-sectional perspective. Our approach follows the theoretical innovations in Hoy and Zheng (2008) which address various aspects of the specific pattern of any poverty spells experienced by an individual as well as a possible retrospective consideration that an individual might have concerning his life experience as a whole. For an individual, our perspective of lifetime poverty is influenced by both the snapshot poverty of each period and the poverty level of the permanent lifetime consumption; it is also influenced by how poverty spells are distributed over the lifetime. Using PSID data for the US, we demonstrate empirically the power of alternative axioms concerning how lifetime poverty should be measured when making pairwise comparisons of individual lifetime profiles of consumption (income) experiences. We also demonstrate the importance of taking a lifetime view of poverty in comparing poverty between groups by use of the classic FGT âsnapshotâ poverty index in conjunction with period weighting functions that explicitly reflect concerns about the pattern of poverty spells over individualsâ lifetimes.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal The Journal of Economic Inequality.
Volume (Year): 10 (2012)
Issue (Month): 2 (June)
Contact details of provider:
Web page: http://springerlink.metapress.com/link.asp?id=111137
Lifetime poverty; Snapshot poverty; Chronic poverty; Early poverty; Poverty measurement; I32;
Other versions of this item:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Walter Bossert & Lidia Ceriani & Satya R. Chakravarty & Conchita D'Ambrosio, 2012.
"Intertemporal Material Deprivation,"
Cahiers de recherche
07-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Florent Bresson & Jean-Yves Duclos, 2012. "Intertemporal Poverty Comparisons," Cahiers de recherche 1240, CIRPEE.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.