Search results for "poverty indices"

showing 2 items of 2 documents

Poverty Reduction: The Paradox of the Endogenous Poverty Line

2007

When evaluating poverty, the relative poverty line may be considered as a percentage of the median income or it may be a percentage of the average income. It is proved that, with a poverty line relative to the median income, reducing poverty may become less costly in proportion to the total income as poverty increases (measured by the Sen, the Sen-Shorrocks-Thon or the Foster-Greer-Thorbecke poverty indexes) by passing from a Lorenz concentration curve to another curve associated with more poverty. This is obviously a paradox, although a largely overlooked one. However, it is shown that the paradox vanishes if the poverty line is relative to the average income. The demonstration is both exp…

poverty indicesMedian incomepoverty linePovertyPublic economicspovertyPoverty reductionmedianTotal income[SHS.ECO]Humanities and Social Sciences/Economics and Financesymbols.namesakeEconometricsConcentration curveEconomicssymbols[ SHS.ECO ] Humanities and Social Sciences/Economies and financesAlgebraic functionPareto distributionLine (text file)[SHS.ECO] Humanities and Social Sciences/Economics and FinanceSSRN Electronic Journal
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About some difficulties with the functional forms of Lorenz curves

2022

We study to what extent some functional form assumption on the Lorenz curve are amenable to calculating headcount poverty, or poverty threshold, the key concept to determine a poverty index. The difficulties in calculating it have been underestimated. We must choose some functional forms for the Lorenz concentration curve. We examine three families of one-parameter functional forms to estimate Lorenz curves: power (elementary and Pareto), exponential (elementary and Gupta) and fractional (Rohde). Computing these numerical functions may be difficult and impose some restrictions on their domain of definition, may impose to use some numerical approximation methods. The elementary power and exp…

Lorenz curveOrganizational Behavior and Human Resource ManagementLorenzSociology and Political ScienceHeadcount ratioFunctional formLambert curve[SHS.GESTION] Humanities and Social Sciences/Business administrationGeneral Economics Econometrics and FinancePoverty indicesParetoThe Journal of Economic Inequality
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