Measurement, Axiomatic Method and Poverty Measures: A Revision
Abstract
In this article we present a review of the literature concerning the measurement of poverty from the income distribution. The definition of the poverty index is introduced, and then, we explain the main axioms that have emerged from the
quantification methodology proposed by Sen in 1976. Additionally, we exposed the indicators constructed from the axiomatic method to measure various features of the phenomenon, to finally, provide a set of considerations regarding the process of quantification and analysis of such complex features such as poverty and inequality.
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