A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement:
Multidimensional poverty measures are increasingly used in practice even though they face strong criticism and generate longlasting debates. These contentions primarily find their origin in the divergence between standard poverty identification practices and a welfarist definition of the poor. This...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Washington, D.C
The World Bank
2022
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| Online-Zugang: | Volltext |
| Zusammenfassung: | Multidimensional poverty measures are increasingly used in practice even though they face strong criticism and generate longlasting debates. These contentions primarily find their origin in the divergence between standard poverty identification practices and a welfarist definition of the poor. This paper fills this gap by constructing a poverty measurement theory that (i) adopts a welfarist definition of the poor, (ii) acknowledges that the relevant welfare function is only partially known and (iii) encompasses both market and non-market dimensions of well-being. The theory shows that standard identification practices are not flexible enough in order to properly account for the multidimensional nature of well-being. This nature implies that an individual is poor when she experiences an extremely low outcome in some dimension or/and when she cumulates moderately low outcomes in several dimensions. The paper proposes a simple refinement that better reflects this insight. The paper uses the theory in order to provide answers to several longlasting debates. The theory provides a conceptual foundation from which practitioners may derive guidance for the many choices they face |
| Beschreibung: | 1 Online-Ressource (46 Seiten) |
| DOI: | 10.1596/1813-9450-10076 |
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| 520 | 3 | |a Multidimensional poverty measures are increasingly used in practice even though they face strong criticism and generate longlasting debates. These contentions primarily find their origin in the divergence between standard poverty identification practices and a welfarist definition of the poor. This paper fills this gap by constructing a poverty measurement theory that (i) adopts a welfarist definition of the poor, (ii) acknowledges that the relevant welfare function is only partially known and (iii) encompasses both market and non-market dimensions of well-being. The theory shows that standard identification practices are not flexible enough in order to properly account for the multidimensional nature of well-being. This nature implies that an individual is poor when she experiences an extremely low outcome in some dimension or/and when she cumulates moderately low outcomes in several dimensions. The paper proposes a simple refinement that better reflects this insight. The paper uses the theory in order to provide answers to several longlasting debates. The theory provides a conceptual foundation from which practitioners may derive guidance for the many choices they face | |
| 650 | 4 | |a Inequity | |
| 650 | 4 | |a Living Standards | |
| 650 | 4 | |a Multidimensional Poverty Measure | |
| 650 | 4 | |a Nature of Well-Being | |
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| 650 | 4 | |a Poverty Monitoring and Analysis | |
| 650 | 4 | |a Poverty Reduction | |
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| 650 | 4 | |a Welfarist Definition of Poverty | |
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| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2024-10-12T04:02:56Z |
| institution | BVB |
| language | English |
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| spellingShingle | Decerf, Benoit A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement Inequity Living Standards Multidimensional Poverty Measure Nature of Well-Being Poverty and Policy Poverty Definition Poverty Measurement Poverty Monitoring and Analysis Poverty Reduction Social Development Welfarist Definition of Poverty Well-Being Well-Being Accounting |
| title | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement |
| title_auth | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement |
| title_exact_search | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement |
| title_exact_search_txtP | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement |
| title_full | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement Benoit Decerf |
| title_fullStr | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement Benoit Decerf |
| title_full_unstemmed | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement Benoit Decerf |
| title_short | A Welfarist Theory Unifying Monetary and Non-Monetary Poverty Measurement |
| title_sort | a welfarist theory unifying monetary and non monetary poverty measurement |
| topic | Inequity Living Standards Multidimensional Poverty Measure Nature of Well-Being Poverty and Policy Poverty Definition Poverty Measurement Poverty Monitoring and Analysis Poverty Reduction Social Development Welfarist Definition of Poverty Well-Being Well-Being Accounting |
| topic_facet | Inequity Living Standards Multidimensional Poverty Measure Nature of Well-Being Poverty and Policy Poverty Definition Poverty Measurement Poverty Monitoring and Analysis Poverty Reduction Social Development Welfarist Definition of Poverty Well-Being Well-Being Accounting |
| url | https://doi.org/10.1596/1813-9450-10076 |
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