Does the specification of a new class of poverty measures matter?

Does the specification of a new class of poverty measures matter?

by Sami Bibi

Part of Working paper ;

Browse books you can read free on Readfeed

No club is reading this yet — be the first to start one

Start a club free
About
"The evaluation of the horizontal inefficiency of an anti-poverty design is often reduced to the determination of the type I errors, which occur where eligible individuals are not awarded benefits. Because under-coverage ratio does not consider the social cost resulting from unequal treatment of like individuals, it is irrelevant in assessing the severity and the depth of horizontal inefficiency. Also, when the cost of inequality approach is adopted to derive from a poverty measure, respecting the transfer axiom, a cost of inequality that is decomposable into two components, corresponding to vertical and horizontal inequality respectively, it is no longer possible to have different aversions toward these two forms of inequality. We follow then the cost of inequality approach after specifying a new class of poverty measures, which are parameterized by two coefficients allowing so different preferences toward these two equality principles. When these two coefficients are identical, the new poverty measures class reduces to the Foster, Greer and Thorbecke's (1984) class, whose poverty measures imply the same aversion to vertical inequality and horizontal inequity. Further, for a given poverty line, the new class enables to characterize the set of poverty measures in which policymakers are indifferent between the post-reform poverty alleviation program and the status quo"-- Economic Research Forum for the Arab Countries, Iran and Turkey web site.

Discuss Does the specification of a new class of poverty measures matter? with other readers

Join or start a book club for Does the specification of a new class of poverty measures matter? on Readfeed. Live chat, shared reading progress, and AI discussion questions — free to get started.

Frequently asked questions

How do I join a book club for Does the specification of a new class of poverty measures matter??

Sign up free on Readfeed, then browse public clubs or start your own club with Does the specification of a new class of poverty measures matter? as the current read. Invite friends with a share link and discuss together with live chat and AI discussion questions.

Can I discuss Does the specification of a new class of poverty measures matter? with other readers online?

Yes. Readfeed book clubs let you chat live, share progress, and join discussions about Does the specification of a new class of poverty measures matter? with readers worldwide — whether your club is virtual, in-person, or hybrid.

Is Readfeed free?

Yes. Creating an account and joining book clubs is free. Sign up to find readers who love the same books and start discussing today.