Hierarchy of needs and the measurement of poverty and standards of living / Joseph Deutsch, Jacques Silber.

Format:

Book

Author/Creator:

Deutsch, Joseph, 1950- author.

Silber, Jacques, author.

Series:

Cambridge elements. Elements in development economics 2755-1601.

Cambridge elements. Elements in development economics, 2755-1601

Language:

English

Subjects (All):

Income distribution.

Consumer behavior.

Poverty.

Physical Description:

1 online resource (90 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2024.

Summary:

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

Notes:

Title from publisher's bibliographic system (viewed on 12 Feb 2024).

ISBN:

9781009358187

1009358189

9781009358194

1009358197

9781009358200

1009358200

OCLC:

1410861170

Access Restriction:

Open Access. Unrestricted online access