Asset-Based Measurement of Poverty

Institute for Research on Poverty Discussion Paper No. 1372-10

41 Pages Posted: 17 Jan 2010  

Andrea Brandolini

Bank of Italy

Silvia Magri

Bank of Italy

Timothy M. Smeeding

University of Wisconsin - Madison

Multiple version iconThere are 2 versions of this paper

Date Written: November 11, 2009

Abstract

Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset-poverty. We provide fresh cross-national evidence based on data from the Luxembourg Wealth Study.

Suggested Citation

Brandolini, Andrea and Magri, Silvia and Smeeding, Timothy M., Asset-Based Measurement of Poverty (November 11, 2009). Institute for Research on Poverty Discussion Paper No. 1372-10. Available at SSRN: https://ssrn.com/abstract=1537822 or http://dx.doi.org/10.2139/ssrn.1537822

Andrea Brandolini

Bank of Italy ( email )

Via Nazionale 91
Roma, Rome 00184
Italy
+390647923568 (Phone)
+390647923720 (Fax)

Silvia Magri

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Timothy M. Smeeding (Contact Author)

University of Wisconsin - Madison ( email )

1180 Observatory Drive
Madison, WI 53706
United States
608-890-1317 (Phone)
608-265-3119 (Fax)

HOME PAGE: http://www.lafollette.wisc.edu/facultystaff/smeeding-timothy.html

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