On the definition and measurement of chronic poverty
By: by Rolf Aaberge, Magne Mogstad.
Contributors: Mogstad, Magne.
Series: Discussion paper -- no. 2659; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2659
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Poverty.
Description: "As an alternative to the conventional methods for measuring chronic poverty, this paper proposes an interpersonal comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the fact that individuals regularly undertake inter-period income transfers. Moreover, the approach allows for individual-specific interest rates on borrowing and saving as well as for the presence of liquidity constraints. Due to the general nature the proposed method proves useful for evaluating the theoretical basis of the standard methods for measuring chronic poverty"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 6/18/2007.

Includes bibliographical references.

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