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Financial Poverty in Developed Countries: The Evidence from LIS: Final Report to the UNDP

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  • Timothy Smeeding

Abstract

The object of this report is to review the available evidence on the extent and nature of financial poverty in modern rich nations within the OECD and selected other nations. While there is discussion of broader concepts of poverty such as those related to deficits in capabilities, social exclusion, violence and insecurity, the main concern is with financial poverty as measured by annual after-tax disposable income. Both absolute and relative poverty measures are presented and attempts are made to link the types of poverty standards used in rich nations to those used in developing nations. This paper served as the basis for all OECD country poverty rates as reported in the United Nations 1997 Human Development Report, which was released on June 12, 1997.

Suggested Citation

  • Timothy Smeeding, 1997. "Financial Poverty in Developed Countries: The Evidence from LIS: Final Report to the UNDP," LIS Working papers 155, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:155
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    Cited by:

    1. Lyle Scruggs & James Allan, 2005. "The Material Consequences of Welfare States: Benefit Generosity and Absolute Poverty in 16 OECD Countries," LIS Working papers 409, LIS Cross-National Data Center in Luxembourg.
    2. Zellner, Konrad & Jaeger, Uwe & Kromeyer-Hauschild, Katrin, 2004. "Height, weight and BMI of schoolchildren in Jena, Germany--are the secular changes levelling off?," Economics & Human Biology, Elsevier, vol. 2(2), pages 281-294, June.
    3. Basu, Shubhabrata & Munjal, Surender & Malik, Ashish & Vrontis, Demetris, 2021. "Investigating the causal configurations of cost-efficient firms at the bottom of the pyramid," International Business Review, Elsevier, vol. 30(5).
    4. David Jesuit & Douglas Roscoe & Vincent Mahler, 1997. "Exploring the Impact of Trade and Investment on Income Inequality: A Cross-National Sectoral Analysis of the Developed Market Economy Countries," LIS Working papers 159, LIS Cross-National Data Center in Luxembourg.
    5. Kenneth Nelson, 2004. "Mechanisms of Poverty Alleviation," LIS Working papers 372, LIS Cross-National Data Center in Luxembourg.
    6. Kevin Pineda‐Hernández & François Rycx & Mélanie Volral, 2022. "How collective bargaining shapes poverty: New evidence for developed countries," British Journal of Industrial Relations, London School of Economics, vol. 60(4), pages 895-928, December.
    7. Katherin Ross Phillips & Timothy Smeeding, 1999. "Social Protection for the Poor in the Developed World: The Evidence from LIS," LIS Working papers 204, LIS Cross-National Data Center in Luxembourg.
    8. Amalia CRISTESCU & Ana-Maria GATEA & Eva MILITARU, 2020. "The Romanian population’s perceptions regarding income inequalities and discrimination," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(622), S), pages 201-217, Spring.
    9. Bruce Bradbury & Markus Jantti, 1999. "Child Poverty across Industrialized Nations," Papers iopeps99/70, Innocenti Occasional Papers, Economic Policy Series.
    10. Aya Abe, 2001. "Universalism and Targeting: An International Comparison using the LIS database," LIS Working papers 288, LIS Cross-National Data Center in Luxembourg.
    11. Anita Haataja, 1999. "Unemployment, Employment and Social Exclusion," LIS Working papers 195, LIS Cross-National Data Center in Luxembourg.
    12. Peter Saunders & Timothy Smeeding, 1998. "How Do the Elderly in Taiwan Fare Cross-Nationally? Evidence from the Luxembourg Income Study (LIS) Project," LIS Working papers 183, LIS Cross-National Data Center in Luxembourg.
    13. Kenneth Nelson, 2004. "The Formation of Minimum Income Protection," LIS Working papers 373, LIS Cross-National Data Center in Luxembourg.

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