Robust Poverty Comparisons and Marginal Policy Reform Orderings Under Income Variability
A method is proposed to provide robust poverty comparisons and robust evaluations of marginal policy reforms under income variability. Given that a household’s certainty equivalent income depends on both expected income and income variability, stochastic dominance tests are developed in order to deal simultaneously with both dimensions.
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- Jean-Yves Duclos & David E. Sahn & Stephen D. Younger, 2006.
"Robust Multidimensional Poverty Comparisons,"
Royal Economic Society, vol. 116(514), pages 943-968, October.
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- Duclos, Jean-Yves & Makdissi, Paul & Wodon, Quentin, 2003. "Poverty-Efficient Transfer Programs: The Role of Targeting and Allocation Rules," Cahiers de recherche 0305, CIRPEE.
- Foster, James E & Shorrocks, Anthony F, 1988. "Poverty Orderings," Econometrica, Econometric Society, vol. 56(1), pages 173-177, January. Full references (including those not matched with items on IDEAS)
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