Conflicting Measures of Poverty and Inadequate Saving by the Poor
AbstractIn the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing c
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2012/58.
Date of creation: 2012
Date of revision:
inequality; inter-temporal consumer choice; utility; poverty;
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