Measuring lifetime poverty

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چکیده

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Measuring lifetime poverty

This paper presents an axiomatic framework for measuring lifetime poverty over multiple periods. For an individual, we argue that lifetime poverty is influenced by both the “snapshot” poverty of each period and the poverty level of the “permanent” lifetime consumption; it is also influenced by how poverty spells are distributed over the lifetime. For a society, we consider a path-independence r...

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2011

ISSN: 0022-0531

DOI: 10.1016/j.jet.2011.10.011