Ebook324 pages6 hours
A Unified Approach to Measuring Poverty and Inequality
Rating: 5 out of 5 stars
5/5
()
About this ebook
This book is an introduction to the theory and practice of poverty measurement. The book is comprehensive, with all relevant concepts defined and explained. On completing this book you will be able to perform sophisticated analyses of income or consumption distribution for any standard household dataset using the ADePT program (a free download from the World Bank’s Web site).
With this background, country experts can generate the analyses for a poverty reduction strategy paper. Researchers can construct macro data series suitable for empirical analyses. Students can replicate and check the robustness of published results. Several recent initiatives have lowered the cost of accessing household datasets. The goal of this book is to further reduce the cost of analyzing these data for sharing with interested parties.
This book has two unique aspects:
-- First, the theoretical discussion is based on a highly accessible unified treatment of inequality and poverty in terms of income standards or basic indicators of the overall “size” of the income distribution. Examples include the mean, median, and other traditional ways of summarizing a distribution in a single “representative” income level. Virtually all inequality measures are based on a ratio of twin income standards, with one being the mean or per capita income.
Poverty measures likewise compare two standards, with one typically being the poverty line and the second based on incomes censored at the poverty line (or shortfalls from the poverty line). The approach here is to present income standards as the basic measurement building blocks, then use them to construct inequality measures and poverty measures. This unified approach provides advantages in interpreting and contrasting the various measures, and in understanding how they vary over time and space.
-- Second, the theoretical presentation is complemented by empirical examples that ground the theoretical discussion while providing a practical guide to the inequality and poverty modules of the ADePT software (a free download) developed at the World Bank. Immediate application of theoretical tools instills a deeper understanding of what they measure. For those new to the subject, exercises in Chapter 2 are a helpful addition to the empirical examples and numerical illustrations.
ADePT software enables users to analyze microdata—from sources such as household surveys—and generate print-ready, standardized tables and charts. It can also be used to simulate the impact of economic shocks, cash transfers and other policy instruments on poverty, and inequality. The software automates the analysis, helps minimize human errors and encourages development of new economic analysis methods.
With this background, country experts can generate the analyses for a poverty reduction strategy paper. Researchers can construct macro data series suitable for empirical analyses. Students can replicate and check the robustness of published results. Several recent initiatives have lowered the cost of accessing household datasets. The goal of this book is to further reduce the cost of analyzing these data for sharing with interested parties.
This book has two unique aspects:
-- First, the theoretical discussion is based on a highly accessible unified treatment of inequality and poverty in terms of income standards or basic indicators of the overall “size” of the income distribution. Examples include the mean, median, and other traditional ways of summarizing a distribution in a single “representative” income level. Virtually all inequality measures are based on a ratio of twin income standards, with one being the mean or per capita income.
Poverty measures likewise compare two standards, with one typically being the poverty line and the second based on incomes censored at the poverty line (or shortfalls from the poverty line). The approach here is to present income standards as the basic measurement building blocks, then use them to construct inequality measures and poverty measures. This unified approach provides advantages in interpreting and contrasting the various measures, and in understanding how they vary over time and space.
-- Second, the theoretical presentation is complemented by empirical examples that ground the theoretical discussion while providing a practical guide to the inequality and poverty modules of the ADePT software (a free download) developed at the World Bank. Immediate application of theoretical tools instills a deeper understanding of what they measure. For those new to the subject, exercises in Chapter 2 are a helpful addition to the empirical examples and numerical illustrations.
ADePT software enables users to analyze microdata—from sources such as household surveys—and generate print-ready, standardized tables and charts. It can also be used to simulate the impact of economic shocks, cash transfers and other policy instruments on poverty, and inequality. The software automates the analysis, helps minimize human errors and encourages development of new economic analysis methods.
Read more from James Foster
Surfing Realities: A Practical Guide to Understanding the Nature of Reality and How to Enhance Yours Rating: 0 out of 5 stars0 ratingsWolly the Worm and His Family Rating: 0 out of 5 stars0 ratings
Related to A Unified Approach to Measuring Poverty and Inequality
Related ebooks
Taxing Women Rating: 0 out of 5 stars0 ratingsCritical Path Analysis A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsEnvironmental and Energy Policy and the Economy: Volume 1 Rating: 0 out of 5 stars0 ratingsHead Heart Hands Rating: 0 out of 5 stars0 ratingsPoverty in a Rising Africa Rating: 0 out of 5 stars0 ratingsThe State of Social Safety Nets 2015 Rating: 0 out of 5 stars0 ratingsEast Asia Pacific at Work: Employment, Enterprise, and Well-being Rating: 0 out of 5 stars0 ratingsEast Asia Pacific at Work Rating: 0 out of 5 stars0 ratingsSimulating Distributional Impacts of Macro-dynamics Rating: 0 out of 5 stars0 ratingsAnalyzing Food Security using Household Surveys Rating: 0 out of 5 stars0 ratingsJobs for Shared Prosperity: Time for Action in the Middle East and North Africa Rating: 0 out of 5 stars0 ratingsShared Prosperity Rating: 0 out of 5 stars0 ratingsAccelerating Poverty Reduction in Africa Rating: 0 out of 5 stars0 ratingsStatistics for Biomedical Engineers and Scientists: How to Visualize and Analyze Data Rating: 0 out of 5 stars0 ratingsFYR Macedonia Green Growth Country Assessment Rating: 0 out of 5 stars0 ratings
Poverty & Homelessness For You
The Great Displacement: Climate Change and the Next American Migration Rating: 4 out of 5 stars4/5Matthew Desmond’s EVICTED: Poverty and Profit in the American City | Summary Rating: 5 out of 5 stars5/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5When Helping Hurts: How to Alleviate Poverty Without Hurting the Poor . . . and Yourself Rating: 4 out of 5 stars4/5Heartland: A Memoir of Working Hard and Being Broke in the Richest Country on Earth Rating: 4 out of 5 stars4/5$2.00 A Day: Living on Almost Nothing in America Rating: 4 out of 5 stars4/5The Truly Disadvantaged: The Inner City, the Underclass, and Public Policy Rating: 4 out of 5 stars4/5Let Us Now Praise Famous Men Rating: 3 out of 5 stars3/5Fucked at Birth: Recalibrating the American Dream for the 2020s Rating: 4 out of 5 stars4/5Good People Rating: 4 out of 5 stars4/5Homelessness Is a Housing Problem: How Structural Factors Explain U.S. Patterns Rating: 4 out of 5 stars4/5The People of the Abyss Rating: 5 out of 5 stars5/5NO LONGER HOMELESS: How the Ex-Homeless Get and Stay off the Street Rating: 0 out of 5 stars0 ratingsDivided: The Perils of Our Growing Inequality Rating: 3 out of 5 stars3/5A Compassionate Call to Counter Culture in a World of Poverty Rating: 4 out of 5 stars4/5Injustice, Inc.: How America's Justice System Commodifies Children and the Poor Rating: 0 out of 5 stars0 ratingsGrace Can Lead Us Home: A Christian Call to End Homelessness Rating: 0 out of 5 stars0 ratingsAlienated America: Why Some Places Thrive While Others Collapse Rating: 4 out of 5 stars4/5Summary of Evicted: by Matthew Desmond - Poverty and Profit in the American City - A Comprehensive Summary Rating: 0 out of 5 stars0 ratingsManifesto for a Moral Revolution: Practices to Build a Better World Rating: 5 out of 5 stars5/5The Economic Dependency Trap: Breaking Free to Self-Reliance Rating: 5 out of 5 stars5/5Profit and Punishment: How America Criminalizes the Poor in the Name of Justice Rating: 5 out of 5 stars5/5When Helping Hurts: The Small Group Experience: An Online Video-Based Study on Alleviating Poverty Rating: 5 out of 5 stars5/5Far From Home: Stories of the homeless and the search for the heart's true home Rating: 0 out of 5 stars0 ratingsShow Me the Bodies: How We Let Grenfell Happen Rating: 5 out of 5 stars5/5The Man in the Dog Park: Coming Up Close to Homelessness Rating: 0 out of 5 stars0 ratingsMy Brother's Name Is Kenny Rating: 5 out of 5 stars5/5Trapped in America's Safety Net: One Family's Struggle Rating: 4 out of 5 stars4/5
Reviews for A Unified Approach to Measuring Poverty and Inequality
Rating: 5 out of 5 stars
5/5
1 rating0 reviews