CORDIS Project
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This project revisits poverty economics by integrating individual preferences into poverty measurement and developing new indices. It aims to analyze poverty trends in developed societies and derive new criteria for evaluating taxation policies to enhance social welfare.
This project aims at revisiting the economics of poverty by using recent advances in welfare economics.
First, poverty measurement theory will be enriched by taking account of individual preferences over the several dimensions of poverty.
New poverty indices will be defined.
They will be applied using panel data of material standard of living and subjective satisfaction to study the recent evolution of poverty in developed societies.
Second, the ethical value of poverty reduction will be added t…
UNIVERSITE CATHOLIQUE DE LOUVAIN
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