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A comparison of poverty and welfare measures

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  • David (David Patrick) Madden

Abstract

The relatively widespread use of poverty measures is analysed and their properties compared with other definitions of welfare. Using a synthetic data set but one which shares some properties of the Irish income distribution of 1987, a number of changes in incomes are simulated and their impact upon a variety of poverty and welfare measures is analysed. It is argued that abbreviated welfare measures may summarise better what it is that concerns economists about poverty than do conventional poverty measures.

Suggested Citation

  • David (David Patrick) Madden, 1997. "A comparison of poverty and welfare measures," Working Papers 199710, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:wpaper:199710
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    File URL: http://hdl.handle.net/10197/759
    File Function: First version, 1997
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    References listed on IDEAS

    as
    1. Atkinson, A B, 1987. "On the Measurement of Poverty," Econometrica, Econometric Society, vol. 55(4), pages 749-764, July.
    2. Foster, James & Greer, Joel & Thorbecke, Erik, 1984. "A Class of Decomposable Poverty Measures," Econometrica, Econometric Society, vol. 52(3), pages 761-766, May.
    3. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-750, December.
    4. Myles,Gareth D., 1995. "Public Economics," Cambridge Books, Cambridge University Press, number 9780521497695.
    5. Callan, Tim & Nolan, Brian, 1991. "Concepts of Poverty and the Poverty Line," Journal of Economic Surveys, Wiley Blackwell, vol. 5(3), pages 243-261.
    6. Sen, Amartya K, 1976. "Poverty: An Ordinal Approach to Measurement," Econometrica, Econometric Society, vol. 44(2), pages 219-231, March.
    7. Nolan, Brian & Whelan, Christopher T., 1996. "Resources, Deprivation, and Poverty," OUP Catalogue, Oxford University Press, number 9780198287858.
    8. Muellbauer, John, 1976. "Community Preferences and the Representative Consumer," Econometrica, Econometric Society, vol. 44(5), pages 979-999, September.
    9. Shorrocks, Anthony F, 1995. "Revisiting the Sen Poverty Index," Econometrica, Econometric Society, vol. 63(5), pages 1225-1230, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Poverty; Inequality; Abbreviated Welfare; Social indicators--Ireland; Poverty--Ireland; Equality--Ireland;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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