Asset-Based Measurement of Poverty

Measurement of Poverty and Poverty of Measurement

The Economics of Poverty Traps and Persistent Poverty: an Asset-based Approach

Longitudinal data on household living standards open the way to a deeper analysis of the nature and extent of poverty. While a number of studies have exploited this type of data to distinguish transitory from more chronic forms of income or expenditure poverty, this paper develops an asset-based approach to poverty analysis that makes it possible to distinguish deep-rooted, persistent structura...

Asset Poverty: Scope for Rural Poverty Reduction through Policy Changes

REDUCTION THROUGH POLICY CHANGES This chapter deals with various strategies to improve the asset holdings of the rural poor. In most cases, if the poor get a bigger share of asset control or benefits, efficiency and economic growth also improve. For many types of asset, reducing inequality between rural and urban areas slows down outmigration to the cities, and increases rural farm and non-farm...

Asset Insurance Markets and Chronic Poverty

This paper uses numerical dynamic stochastic programming methods to show that an insurance market can reduce the long-term extent and depth of poverty in a stylized, risk-prone rural region. This impact operates through both an ex post vulnerability reduction effect and an ex ante investment incentive effect. The result is not only lower poverty, but also substantial savings in public cash tran...

Optimizing Financial Asset Pricing Using Quantitative Behavioral Bias Measurement

Optimization of pricing financial assets less an emerging discipline that attempts to model the impact of biases that investors in asset prices. This article provides an overview of the theoretical foundations and challenges and offers some solutions in this field. The paper is divided into two parts. In the first part of the paper, an overview of the selected literature is presented on key the...