Institute for Research on Poverty Discussion Paper No. 1372-10
41 Pages Posted: 17 Jan 2010
Date Written: November 11, 2009
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: 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
By Silvia Magri