Related papers: The General Poverty Index
Microscopic models describing a whole of economic interactions in a closed society are considered. The presence of a tax system combined with a redistribution process is taken into account, as well as the occurrence of tax evasion. In…
We provide a survey of the Kolkata index of social inequality, focusing in particular on income inequality. Based on the observation that inequality functions (such as the Lorenz function), giving the measures of income or wealth against…
This paper presents a novel quantitative approach for comparative economic studies, addressing limitations in current classification methods. Conventional approaches in comparative economics often rely on ad hoc and categorical…
This paper presents findings from a web-experiment on a representative sample of the French population. It examines the acceptability of the Pigou-Dalton principle of transfers, which posits that transferring income from an individual to a…
Poverty is a multidimensional concept often comprising a monetary outcome and other welfare dimensions such as education, subjective well-being or health, that are measured on an ordinal scale. In applied research, multidimensional poverty…
Recent studies have shown the value of mobile phone data to tackle problems related to economic development and humanitarian action. In this research, we assess the suitability of indicators derived from mobile phone data as a proxy for…
Poverty mapping is a powerful tool to study the geography of poverty. The choice of the spatial resolution is central as poverty measures defined at a coarser level may mask their heterogeneity at finer levels. We introduce a small area…
Income inequality estimators are biased in small samples, leading generally to an underestimation. This aspect deserves particular attention when estimating inequality in small domains and performing small area estimation at the area level.…
Originally developed for measuring the heterogeneity of wealth measures, inequality indices are quantitative scores that take values in the unit interval, with the zero score characterizing perfect equality. In this paper, we draw attention…
This paper pays tribute to Professor Giovanni Andrea Cornia's lifelong contributions to the measurement of global inequality. We review twelve world and regional databases of the Gini coefficient, illustrate their coverage, overlapping, and…
In this paper, we study the inequality indices for some models of wealth exchange. We calculated Gini index and newly introduced k-index and compare the results with reported empirical data available for different countries. We have found…
This work presents an approach for combining household demographic and living standards survey questions with features derived from satellite imagery to predict the poverty rate of a region. Our approach utilizes visual features obtained…
Income and wealth distribution affect stability of a society to a large extent and high inequality affects it negatively. Moreover, in the case of developed countries, recently has been proven that inequality is closely related to all…
Concern about income inequality has become prominent in public discourse around the world. However, studies in behavioral economics and psychology have consistently shown that people prefer not equal but fair income distributions. Thus,…
Determining the poverty levels of various regions throughout the world is crucial in identifying interventions for poverty reduction initiatives and directing resources fairly. However, reliable data on global economic livelihoods is hard…
We study the mathematical and economic structure of the Kolkata (k) index of income inequality. We show that the k-index always exists and is a unique fixed point of the complementary Lorenz function, where the Lorenz function itself gives…
The choice of appropriate measures of deprivation, identification and aggregation of poverty has been a challenge for many years. The works of Sen, Atkinson and others have been the cornerstone for most of the literature on poverty…
This article examines the application of a popular measure of sparsity, Gini Index, on network graphs. A wide variety of network graphs happen to be sparse. But the index with which sparsity is commonly measured in network graphs is edge…
Poverty is one of the fundamental issues that mankind faces. To solve poverty issues, one needs to know how severe the issue is. The Multidimensional Poverty Index (MPI) is a well-known approach that is used to measure a degree of poverty…
It is by now well known that the Boltzmann-Gibbs (BG) entropy $S_{BG}=-k\sum_{i=1}^W p_i \ln p_i$ can be usefully generalized into the entropy $S_q=k (1-\sum_{i=1}^Wp_i^{q}) / (q-1)$ ($q\in \mathcal{R}; S_1=S_{BG}$). Microscopic dynamics…