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The notion of p-value is a fundamental concept in statistical inference and has been widely used for reporting outcomes of hypothesis tests. However, p-value is often misinterpreted, misused or miscommunicated in practice. Part of the issue…

Methodology · Statistics 2020-02-03 Sifan Liu , Regina Liu , Min-ge Xie

Probability distributions of money, income, and energy consumption per capita are studied for ensembles of economic agents. The principle of entropy maximization for partitioning of a limited resource gives exponential distributions for the…

Statistical Finance · Quantitative Finance 2010-09-02 Anand Banerjee , Victor M. Yakovenko

In many developing nations, a lack of poverty data prevents critical humanitarian organizations from responding to large-scale crises. Currently, socioeconomic surveys are the only method implemented on a large scale for organizations and…

Machine Learning · Computer Science 2023-03-01 Om Shah , Krti Tallam

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…

General Economics · Economics 2019-08-22 Felipe Del Canto M

A concentration index, a standardized covariance between a health variable and relative income ranks, is often used to quantify income-related health inequalities. There is a lack of formal approach to study the effect of an exposure, e.g.,…

Methodology · Statistics 2025-01-14 Mohammad Ghasempour , Xavier de Luna , Per E. Gustafsson

The Risk Ratio (RR) is the ratio of the outcome among the exposed to risk of the outcome among the unexposed. This is a simple concept, which makes one wonder why it has not gained the same popularity as the odds ratio. Using logistic…

Applications · Statistics 2022-10-19 Murthy N Mittinty , John Lynch

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…

Methodology · Statistics 2026-01-23 Silvia De Nicolò , Enrico Fabrizi , Aldo Gardini

We provide a Central Limit Theorem for the Monge-Kantorovich distance between two empirical distributions with size $n$ and $m$, $W_p(P_n,Q_m)$ for $p>1$ for observations on the real line, using a minimal amount of assumptions. We provide…

Statistics Theory · Mathematics 2018-07-19 Eustasio del Barrio , Paula Gordaliza , Jean-Michel Loubes

Access to accurate, granular, and up-to-date poverty data is essential for humanitarian organizations to identify vulnerable areas for poverty alleviation efforts. Recent works have shown success in combining computer vision and satellite…

Computers and Society · Computer Science 2020-11-30 Chiara Ledesma , Oshean Lee Garonita , Lorenzo Jaime Flores , Isabelle Tingzon , Danielle Dalisay

The persistence of poverty is not well explained by who is poor. We argue the relevant object of measurement is trappedness--expected escape time from deprivation--which varies systematically across institutional environments and is…

General Economics · Economics 2026-03-20 Isaak Mengesha , Debraj Roy

The mid-p-value is a proposed improvement on the ordinary p-value for the case where the test statistic is partially or completely discrete. In this case, the ordinary p-value is conservative, meaning that its null distribution is larger…

Statistics Theory · Mathematics 2017-06-02 Patrick Rubin-Delanchy , Nicholas A. Heard , Daniel John Lawson

The distribution of household income is a central concern of modern economic policy due to its strong influence on life quality. Yet, non-expert audiences are unaware of the relationship between these two factors. To effectively communicate…

General Economics · Economics 2021-08-10 Sang Truong , Humberto Barreto

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…

A new measure of income inequality that captures the heavy tail behavior of the income distribution is proposed. We discuss two different approaches to find the estimators of the proposed measure. We show that these estimators are…

Methodology · Statistics 2024-08-21 Sudheesh K Kattumannil , Saparya Suresh

In many statistical problems, several estimators are usually available for interval estimation of a parameter of interest, and hence, the selection of an appropriate estimator is important. The criterion for a good estimator is to have a…

Methodology · Statistics 2018-10-10 Richard Minkah , Tertius de Wet

In many fields of research null hypothesis significance tests and p values are the accepted way of assessing the degree of certainty with which research results can be extrapolated beyond the sample studied. However, there are very serious…

Methodology · Statistics 2020-01-14 Michael Wood

We introduce two families of inequality measures, $G_p$ and $H_q$, that converge to the classical Gini coefficient as $p,q\to\infty$. The tuning parameters $p>1$ and $q>0$ regulate the influence of disparities between observations. For each…

Methodology · Statistics 2026-05-11 Roberto Vila , Helton Saulo

This paper introduces the Relative Inequality Index at the Maximum (IDRM), a novel and intuitive measure designed to capture inequality within a population, such as income inequality. The index is based on the idea that individuals…

In this paper, we propose an estimator of Foster, Greer and Thorbecke class of measures $\displaystyle P(z,\alpha) = \int_0^{z}\Big(\frac{z-x}{z}\Big)^{\alpha}f(x)\, dx$, where $z>0$ is the poverty line, $f$ is the probabily density…

Statistics Theory · Mathematics 2019-09-18 Youssou Ciss , El hadji Deme , Hamza Dhaker

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…

Computers and Society · Computer Science 2022-08-03 Kamwoo Lee , Jeanine Braithwaite
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