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Asset-based measurement of poverty

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  • Andrea Brandolini

    (Bank of Italy, Department for Structural Economic Analysis)

  • Silvia Magri

    (Bank of Italy, Department for Structural Economic Analysis)

  • Timothy M. Smeeding

    (Institute for Research on Poverty and La Follette School of Public Affairs, University of Wisconsin-Madison)

Abstract

Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset-poverty. We provide fresh cross-national evidence based on data from the Luxembourg Wealth Study. © 2010 by the Association for Public Policy Analysis and Management.

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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of Policy Analysis and Management.

Volume (Year): 29 (2010)
Issue (Month): 2 ()
Pages: 267-284

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Handle: RePEc:wly:jpamgt:v:29:y:2010:i:2:p:267-284

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Web page: http://www3.interscience.wiley.com/journal/34787/home

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  5. Kenneth Couch & Maureen A. Pirog & Andrea Brandolini & Silvia Magri & Timothy M. Smeeding, 2010. "Asset‐based measurement of poverty," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 29(2), pages 267-284, 03.
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Citations

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Cited by:
  1. Andrea Brandolini & Silvia Magri & Timothy M. Smeeding, 2010. "Asset-based measurement of poverty," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 755, Bank of Italy, Economic Research and International Relations Area.
  2. Durr-e-Nayab, 2011. "Estimating the Middle Class in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, Pakistan Institute of Development Economics, vol. 50(1), pages 1-28.
  3. Leonardo Becchetti & Alessandra Pelloni, . "What are we learning from the life satisfaction literature?," Working Papers, Department of the Treasury, Ministry of the Economy and of Finance 2, Department of the Treasury, Ministry of the Economy and of Finance.
  4. Laura Bartiloro & Cristiana Rampazzi, 2013. "Italian households’ saving and wealth during the crisis," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area 148, Bank of Italy, Economic Research and International Relations Area.
  5. Luis Carvalho & Aurora A.C. Teixeira, 2011. "Where are the poor in International Economics?," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto 425, Universidade do Porto, Faculdade de Economia do Porto.
  6. Mogues, Tewodaj & Petracco, Carly & Randriamamonjy, Josee, 2011. "The wealth and gender distribution of rural services in Ethiopia: A public expenditure benefit incidence analysis," IFPRI discussion papers, International Food Policy Research Institute (IFPRI) 1057, International Food Policy Research Institute (IFPRI).
  7. Tsehay, Abrham Seyoum & Bauer, Siegfried, 2012. "Poverty Dynamics and Vulnerability: Empirical Evidence from Smallholders in Northern Highlands of Ethiopia," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil, International Association of Agricultural Economists 126873, International Association of Agricultural Economists.
  8. Salvatore Morelli & Timothy Smeeding & Jeffrey Thompson, 2014. "Post-1970 Trends in Within-Country Inequality and Poverty: Rich and Middle Income Countries," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy 356, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  9. Giarda, Elena, 2013. "Persistency of financial distress amongst Italian households: Evidence from dynamic models for binary panel data," Journal of Banking & Finance, Elsevier, Elsevier, vol. 37(9), pages 3425-3434.
  10. Notten, Geranda, 2013. "Measuring performance: does the assessment depend on the poverty proxy?," MERIT Working Papers 031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  11. Celidoni, Martina, 2011. "Vulnerability to poverty: An empirical comparison of alternative measures," MPRA Paper 33002, University Library of Munich, Germany.
  12. Tsehay, Abrham Seyoum & Bauer, Siegfried, 0. "Poverty and Vulnerability Dynamics: Empirical Evidence from Smallholders in Northern Highlands of Ethiopia," Quarterly Journal of International Agriculture, Humboldt-Universität zu Berlin, Humboldt-Universität zu Berlin, vol. 51.
  13. Anthony B. Atkinson & Andrea Brandolini, 2011. "On the identification of the “middle class”," Working Papers 217, ECINEQ, Society for the Study of Economic Inequality.
  14. Agbodji, Akoete Ega & Batana, Yele Maweki & Ouedraogo, Denis, 2013. "Gender inequality in multidimensional welfare deprivation in west Africa : the case of Burkina Faso and Togo," Policy Research Working Paper Series 6522, The World Bank.
  15. Giovanni D'Alessio & Stefano Iezzi, 2013. "Household over-indebtedness: definition and measurement with Italian data," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area 149, Bank of Italy, Economic Research and International Relations Area.
  16. Timothy M. Smeeding, 2009. "New comparative measures of income, material deprivation, and well-being," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 28(4), pages 745-752.

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