Absolute and Relative Poverty Measurement : A Survey
This paper reviews the debate opposing the absolute and relative approaches to monetary poverty measurement. The arguments for combining both approaches into a single “overall” monetary poverty measure are introduced. The most salient proposals of...
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099718004182241161/IDU00220e87405568049f40b4e405d19302f1978 http://hdl.handle.net/10986/37325 |
| Summary: | This paper reviews the debate
opposing the absolute and relative approaches to monetary
poverty measurement. The arguments for combining both
approaches into a single “overall” monetary poverty measure
are introduced. The most salient proposals of hybrid poverty
lines are presented. Then, the reasons why specific poverty
indices may be required when a hybrid line is used are
discussed. The class of hierarchical poverty indices is
described, focusing in particular on the hierarchical
headcount ratio. |
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