Measuring Poverty and Economic Inclusion: The Current Poverty Measure, the NAS Alternative, and the Case for a Truly New Approach
This report examines the current U.S. poverty measure and finds that it has failed to keep up with public consensus on the minimum amount of income needed to “get along” in the United States in the 21st Century. The author then examines a potential approach to revising the measure, based on recommendations made by a National Academy of Sciences panel in 1995, that improves in some ways on the current measure, but has serious limitations of its own that require further research before it is adopted. Moreover, the NAS approach results in a poverty measure that would remain far below the public’s get-along level. This report concludes by suggesting a truly new approach that the incoming Administration should adopt- a “tiered” poverty and economic-inclusion measure that is modeled on the child poverty measure adopted in 2003 by the United Kingdom.
|Date of creation:||Dec 2008|
|Contact details of provider:|| Postal: 1611 Connecticut Ave, NW Suite 400, Washington, DC 20009|
Phone: (202) 293-5380
Fax: (202) 588 1356
Web page: http://www.cepr.net/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Steve Bond & Mike Hawkins & Alexander Klemm, 2005.
"Stamp Duty on Shares and Its Effect on Share Prices,"
FinanzArchiv: Public Finance Analysis,
Mohr Siebeck, Tübingen, vol. 61(3), pages 275-275, November.
- Steve Bond & Mike Hawkins & Alexander Klemm, 2004. "Stamp duty on shares and its effect on share prices," IFS Working Papers W04/11, Institute for Fiscal Studies.
- J. Bradford De Long & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1987. "The Economic Consequences of Noise Traders," NBER Working Papers 2395, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:epo:papers:2008-36. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.