The poverty line rule defines how the poverty line’s nominal monetary amount should be adjusted to prices and preferences. Official poverty lines are based on either of two main rules. “Objective” poverty lines capture the cost of a fixed list of achievements. “Welfaristic” poverty lines capture the cost of a fixed level of welfare. Longstanding debates oppose their respective proponents. This paper proposes the first axiomatic study contrasting these...
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INFORMACIÓN
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2023/07/06
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS10519
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1
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2023/07/06
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Disclosed
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An Axiomatic Study Contrasting the Two Main Poverty Line Rules