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AN ASPECT OF VARIABLE POPULATION POVERTY COMPARISONS: DOES ADDING A RICH PERSON TO A POPULATION REDUCE POVERTY?

AN ASPECT OF VARIABLE POPULATION POVERTY COMPARISONS: DOES ADDING A RICH PERSON TO A POPULATION... Poverty indexes are essential for monitoring poverty, setting targets for poverty reduction, and tracking progress on these goals. This paper suggests that further justification is necessary for using the main poverty indexes in the literature in any of these ways. It does so by arguing that poverty should not decline with the mere addition of a rich person to a population and showing that the standard indexes do not satisfy this axiom. It, then, suggests a way of modifying these indexes to avoid this problem. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics & Philosophy Cambridge University Press

AN ASPECT OF VARIABLE POPULATION POVERTY COMPARISONS: DOES ADDING A RICH PERSON TO A POPULATION REDUCE POVERTY?

Economics & Philosophy , Volume 30 (2): 12 – Jun 2, 2014

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References (40)

Publisher
Cambridge University Press
Copyright
Copyright © Cambridge University Press 2014 
ISSN
1474-0028
eISSN
0266-2671
DOI
10.1017/S0266267114000145
Publisher site
See Article on Publisher Site

Abstract

Poverty indexes are essential for monitoring poverty, setting targets for poverty reduction, and tracking progress on these goals. This paper suggests that further justification is necessary for using the main poverty indexes in the literature in any of these ways. It does so by arguing that poverty should not decline with the mere addition of a rich person to a population and showing that the standard indexes do not satisfy this axiom. It, then, suggests a way of modifying these indexes to avoid this problem.

Journal

Economics & PhilosophyCambridge University Press

Published: Jun 2, 2014

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