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(2020)
Purchasing power parities and real expendituresPurchasing Power Parities and the Size of World Economies: Results from the 2017 International Comparison Program
- Publisher
- Wiley
- Copyright
- © 2018 The editors of The Scandinavian Journal of Economics.
- ISSN
- 0347-0520
- eISSN
- 1467-9442
- DOI
- 10.1111/sjoe.12238
- Publisher site
- See Article on Publisher Site
Abstract
The ethical view of prioritarianism holds that if an extra bundle of attributes is to be allocated to either of two individuals, then priority should be given to the worse off among the two. We consider multidimensional poverty comparisons with cardinal and ordinal attributes and propose three axioms that operationalize the prioritarian view. Each priority axiom, in combination with a handful of standard properties, characterizes a class of poverty measures.
Journal
The Scandinavian Journal of Economics – Wiley
Published: Jan 1, 2018
Keywords: ; ; ;