Centre for Development Economics
and
Department of Economics, Delhi School of Economics
ANNOUNCE A SEMINAR
Multidimensional poverty measurement:
Shouldn’t we take preferences into account?
by
Francois Maniquet
Université catholique de Louvain
Thursday, August 16, 2012 at 3:00 p.m.
Venue : AMEX Conference Room (Second Floor)
Department of Economics, Delhi School of Economics
All are cordially invited
Abstract
We study multidimensional poverty measurement. We propose to use agents’ preferences themselves to aggregate the different poverty dimensions. We axiomatically derive a family of poverty indices. The key axiom consists in a priori identifying which preference relation makes experiencing deprivation the most severe experience. Then, we use data from the Russia Longitudinal Monitoring Survey (RLMS) to estimate preferences, to compute our indices and to compare our account of the evolution of poverty in Russia with the ones that are derived from other poverty indices.