Review: Poverty and the Measurement of Individual Welfare
AbstractThis review of Hagenaars' The Perception of Poverty gives a lengthy presentation and evaluation of the Leyden approach of measuring the individual welfare function of income. The key feature of the approach is the claim that welfare can be measured on a 0,1 scale. The review discusses the book's wealth of material on poverty in Europe within this theoretical framework.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 23 (1988)
Issue (Month): 2 ()
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- Plug, Erik J. S. & Van Praag, Bernard M. S., 1998. "Similarity in response behavior between household members: An application to income evaluation," Journal of Economic Psychology, Elsevier, vol. 19(4), pages 497-513, August.
- Kapteyn, A.J., 1994. "The measurement of household cost functions: Revealed preference versus subjective measures," Discussion Paper 1994-3, Tilburg University, Center for Economic Research.
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