Hierarchy of Needs and the Measurement of Poverty and Standards of Living

Jacques Silber

ISBN 10: 1009358170 / ISBN 13: 9781009358170

Verlag: Cambridge University Press Feb 2024, 2024

Neuware - The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. An empirical illustration follows, based on the 2019 Eurobarometer Survey. The Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order of acquisition, second that there is also an order of curtailment of expenditures when individuals face financial difficulties. This title is also available as Open Access on Cambridge Core. Bestandsnummer des Verkäufers 9781009358170

Inhaltsangabe:

Using Eurobarometer and Israeli data the Element analyzes the orders of acquisition of durable goods and curtailment of expenditures.

Bibliografische Details

Titel: Hierarchy of Needs and the Measurement of ...
Verlag: Cambridge University Press Feb 2024
Erscheinungsdatum: 2024
Einband: Taschenbuch
Zustand: Neu