Minimum distribution-sensitivity, poverty aversion, and poverty orderings

• 成果类型: Article
• 署名作者: Zheng, BH
• 署名单位: University of Colorado System; University of Colorado Denver
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1006/jeth.2000.2687
• 发表日期: 2000
• 页码: 116-137
• 关键词: poverty orderings; distribution-sensitivity; poverty aversion; stochastic dominance; generalized Lorenz dominance; poverty deprivation

摘要

This paper introduces a measure of distribution-sensitivity, which is similar to Arrow-Pratt's measure of risk clr aversion. for a poverty index. The measure also gauges poverty aversion and has a clear and straightforward interpretation. Using this measure. We can define various classes or minimum distribution-sensitive poverty indices. We show that the ordering condition for such a class of poverty indices is simply a generalized (poverty) deprivation profile dominance Properties and implications of this dominance condition are analyzed and poverty orderings by different classes of poverty measures are compared. Journal of Economic Literature Classification Number: I31. (C) 2000 Academic Press.