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Time and Consumption Poverty in Turkey

Listed author(s):
  • Thomas Masterson
  • Emel Memis
  • Ajit Zacharias

The Levy Institute Measure of Time and Consumption Poverty (LIMTCP) is a two-dimensional measure that takes into account both the necessary consumption expenditures and the household production time needed to achieve a minimum standard of living -- factors often ignored in official poverty measures. In the case of Turkey, application of the LIMTCP reveals an additional 7.6 million people living in poverty, resulting in a poverty rate that is a full 10 percentage points higher than the official rate of 30 percent.

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File URL: http://www.levyinstitute.org/pubs/op_46.pdf
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Paper provided by Levy Economics Institute in its series Economics One-Pager Archive with number op_46.

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Date of creation: Feb 2014
Handle: RePEc:lev:levyop:op_46
Contact details of provider: Web page: http://www.levyinstitute.org

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