The many faces of poverty
Keywords:
JEL: D20, I32, O54Abstract
This paper presents empirical evidence on the deprivation costs of the 2001- 2002 Argentinean crisis. The selected approach is multidimensional and focuses on four aspects of quality of life: labor, assets, education and income. These dimensions are constructed by multivariate data reduction techniques and then aggregated using the Bourguignon and Chakravarty's axiomatic multidimensional poverty measure. The main findings indicate that the crisis had larger costs on well-being dimensions which are tied to the economic cycle, such as income and labor. Costs were mild on structural aspects of wellbeing, such as assets and education. A sensitivity analysis shows that these results are robust to different deprivation lines.
Downloads
Metrics
Downloads
Published
How to Cite
Issue
Section
License
The material published in the journal is distributed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license. This license requires proper credit to be given, a link to the license to be provided, and changes to be indicated. It does not permit commercial use of the work, and if the work is remixed, transformed, or otherwise modified, distribution of such modification is not allowed.