English, Article, Journal or magazine article edition: On the Definition and Measurement of Chronic Poverty Rolf Aaberge and Magne Mogstad

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Bookmark: http://trove.nla.gov.au/version/41695
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • On the Definition and Measurement of Chronic Poverty
Author
  • Rolf Aaberge and Magne Mogstad
Physical Description
  • preprint
Notes
  • As an alternative to the conventional methods for measuring chronic poverty, this paper proposes an interpersonal comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the fact that individuals regularly undertake inter-period income transfers. Moreover, the approach allows for individual-specific interest rates on borrowing and saving as well as for the presence of liquidity constraints. Due to the general nature the proposed method proves useful for evaluating the theoretical basis of the standard methods for measuring chronic poverty.
  • Intertemporal choice; liquidity constraints; permanent income; chronic poverty.
  • RePEc:ssb:dispap:497
Language
  • English
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