Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146200
Authors: 
Arndt, Channing
Mahrt, Kristi
Tarp, Finn
Year of Publication: 
2016
Series/Report no.: 
WIDER Working Paper 2016/8
Abstract: 
Private consumption capabilities form only one facet of comprehensive living standards assessments, but they are an important facet whose measurement should be done well. Measurement is complex due to a multitude of methodological choices, which often interact with imperfect data and a desire for comparability through time. This paper outlines ideas underpinning these choices with particular attention to the tensions between consistency and specificity. We also highlight a series of limitations associated with typical cost of basic needs approaches. Finally, we reaffirm that a 'sensibly eclectic' approach, employing multiple methods, is the best available mode for addressing these limitations.
Subjects: 
poverty measurement
utility consistency
cost of basic needs
JEL: 
C13
I32
O12
ISBN: 
978-92-9256-051-5
Document Type: 
Working Paper

Files in This Item:
File
Size
500.69 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.