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HPC Seminar: The Statistical Measurement of Poverty: Income, Consumption, or Expenditure?
HPC Seminar: The Statistical Measurement of Poverty: Income, Consumption, or Expenditure?
Robert Moffitt, PhD Krieger-Eisenhower Professor of Economics, Johns Hopkins University Abstract: Most countries, including the US, measure poverty by the fraction of households with income below a specified threshold. Income measures have been criticized on a number of grounds. An alternative measure favored by some economists measures poverty as the fraction whose consumption—as defined using […]