Operationalising the Capability Approach: A German Correlation Sensitive Poverty Index
The official measure to analyse poverty in Germany is the at-risk-of-poverty rate, defined as 60 per cent of the median net equivalence income. The severe methodological weaknesses of this rate seem to be the main source for the uncertainty that the issue of poverty in Germany generates in the minds of both the government and the public. Especially since it smacks of envy as a person needs more when others have more. The unacceptance of the rate is additionally fuelled by the high figures it produces. This paper uses the rich data source of the German Socio-Economic Panel in order to propose a new multidimensional poverty index for Germany that is based on the capability approach. It also introduces a multidimensional happiness index, a concept that is enjoying increasing popularity. All three indices are compared across dimensions, regions and over time, and the results seem to indicate one thing above all: the high added value that is created though the new German Correlation Sensitive Poverty Index (GCSPI).
|Date of creation:||26 Nov 2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +49 551 39 14066
Fax: + 49 551 39 14059
Web page: http://www.uni-goettingen.de/en/82144.html
When requesting a correction, please mention this item's handle: RePEc:got:gotcrc:132. 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: (Dominik Noe)
If references are entirely missing, you can add them using this form.