Related papers: The General Poverty Index
We investigate the arithmetic-harmonic inequality (AHI) index, a bounded and scale-invariant measure of dispersion for positive random variables, defined through the interplay between the mean and its reciprocal. We derive analytical…
We provide investment advice for an individual who wishes to minimize her lifetime poverty, with a penalty for bankruptcy or ruin. We measure poverty via a non-negative, non-increasing function of (running) wealth. Thus, the lower wealth…
Many countries measure poverty based only on income or consumption. However, there is a growing awareness of measuring poverty through multiple dimensions that captures a more reasonable status of poverty. Estimating poverty measure(s) for…
For the comparison of inequality and welfare in multiple attributes the use of generalized Gini indices is proposed. Individual endowment vectors are summarized by using attribute weights and aggregated in a spectral social evaluation…
This article focuses on some properties of three tools used to measure economic inequalities with respect to a distribution of wealth $\mu$: Gini coefficient $G$, Hoover coefficient or Robin Hood coefficient $H$, and the Lorenz…
In this paper, we analyze the long-term distributive impact of climate change through rising food prices. We use a standard incomplete markets model and account for non-linear Engel curves for food consumption. For the calibration of our…
Up-to-date poverty maps are an important tool for policy makers, but until now, have been prohibitively expensive to produce. We propose a generalizable prediction methodology to produce poverty maps at the village level using geospatial…
Poverty maps are essential tools for governments and NGOs to track socioeconomic changes and adequately allocate infrastructure and services in places in need. Sensor and online crowd-sourced data combined with machine learning methods have…
In this paper we derive inferential results for a new index of inequality, specifically defined for capturing significant changes observed both in the left and in the right tail of the income distributions. The latter shifts are an apparent…
Universal Basic Income (UBI) has recently been gaining traction. Arguments exist on both sides in favor of and against it. Like any other financial tool, UBI can be useful if used with discretion. This paper seeks to clarify how UBI affects…
The prominent inequality of wealth and income is a huge concern especially in the United States. The likelihood of diminishing poverty is one valid reason to reduce the world's surging level of economic inequality. The principle of…
Many critical policy decisions, from strategic investments to the allocation of humanitarian aid, rely on data about the geographic distribution of wealth and poverty. Yet many poverty maps are out of date or exist only at very coarse…
A country's mix of products predicts its subsequent pattern of diversification and economic growth. But does this product mix also predict income inequality? Here we combine methods from econometrics, network science, and economic…
Ratios of quantiles are often computed for income distributions as rough measures of inequality, and inference for such ratios have recently become available. The special case when the quantiles are symmetrically chosen; that is, when the…
This paper proposes a positional poverty gap measure of multidimensional poverty within the Alkire-Foster counting framework. The measure captures the depth of deprivations even when indicators are ordinal, unlike the standard poverty gap,…
We develop a unified nonparametric framework for sharp partial identification and inference on inequality indices when the data contain coarsened observations of the variable of interest. We characterize the extremal allocations for all…
Poverty mapping that displays spatial distribution of various poverty indices is most useful to policymakers and researchers when they are disaggregated into small geographic units, such as cities, municipalities or other administrative…
Poverty maps derived from satellite imagery are increasingly used to inform high-stakes policy decisions, such as the allocation of humanitarian aid and the distribution of government resources. Such poverty maps are typically constructed…
We describe a method to identify poor households in data-scarce countries by leveraging information contained in nationally representative household surveys. It employs standard statistical learning techniques---cross-validation and…
In a recent paper in this journal [J. Stat. Mech. (2009) P02037] we proposed a new, physically motivated, distribution function for modeling individual incomes having its roots in the framework of the k-generalized statistical mechanics.…