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Revisiting poverty and welfare dominance
Author/s: Gian Maria Tomat 
Year:  2014 Issue: Language: English 
Pages:  25 Pg. 125-149 FullText PDF:  236 KB
DOI:  10.3280/EP2014-002005
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This paper provides a review of the theory of the measurement of poverty. The axiomatic theory is described and axiomatic properties of poverty indexes are related to assumptions on their functional form. The notion of poverty ordering is then introduced and the relations between the poverty orderings that can be defined from classes of poverty indexes with well defined functional form properties and the notions of first order and second order stochastic dominance are reviewed.
Keywords: Inequality, poverty index, poverty ordering, stochastic dominance
Jel Code: D63, I32

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Gian Maria Tomat, in "ECONOMIA PUBBLICA " 2/2014, pp. 125-149, DOI:10.3280/EP2014-002005


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