Being Poor, Feeling Poorer: Combining objective and subjective measures of welfare in Albania
AbstractAs shown empirically for many transition economies, even small changes in assumptions on economies of size and adult equivalence scales are likely to produce significant changes in the analysis of poverty and its distribution across households and individuals. Since such exercises are then used to orient and prioritize policy actions (e.g. the targeting of scarce social assistance resources) it is important to refine our understanding of the extent to which poverty measures and the resulting profiles are sensitive to specific assumptions. In this paper we investigate how combining objective and subjective measures of welfare can provide insights that are helpful in addressing these questions, particularly with respect to the presence of economies of scale in consumption.
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Bibliographic InfoPaper provided by Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA) in its series Working Papers with number 04-12.
Length: 31 pages
Date of creation: 2004
Date of revision:
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More information through EDIRC
Albania; Development policies; Economic development; Economic dualism; Economic systems; Income; Informal sector; Living standards; Mathematical models; Poverty; Rural development; Social change; Social conditions; Social policies; Social welfare; Socioec;
Other versions of this item:
- Gero Carletto & Alberto Zezza, 2006. "Being poor, feeling poorer: Combining objective and subjective measures of welfare in Albania," The Journal of Development Studies, Taylor and Francis Journals, vol. 42(5), pages 739-760.
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- D60 - Microeconomics - - Welfare Economics - - - General
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