Poverty without poverty line
I propose a new cardinal measure of poverty, which builds on the intuitive notion that a person with half the income of another is twice as poor. Mathematically, this implies that poverty is the reciprocal of income. The resulting aggregate measure has a simple interpretation: it is the average numb...
| 1. Verfasser: | |
|---|---|
| Format: | Working paper |
| Sprache: | English |
| Veröffentlicht: |
University of Oxford
2024
|