“…Household-income information is also available in the survey, and it is comparable across countries on the basis of computations made by Gasparini, Sosa Escudero, Marchionni, and Olivieri (2008).…”
Section: The Databasementioning
confidence: 99%
“…a The survey provides income range information for household income, household per capita income in US dollars is obtained on the basis of computations made byGasparini et al (2008).…”
“…Household-income information is also available in the survey, and it is comparable across countries on the basis of computations made by Gasparini, Sosa Escudero, Marchionni, and Olivieri (2008).…”
Section: The Databasementioning
confidence: 99%
“…a The survey provides income range information for household income, household per capita income in US dollars is obtained on the basis of computations made byGasparini et al (2008).…”
“…For example, Gasparini et al . () and Ferro Luzzi et al . () start with a rather large set of variables that can be seen as alternative measures of an underlying welfare space, and then use factor analytic methods in order to produce a small set of variables (factors) that appropriately capture the variability of welfare.…”
We approach the problems of measuring the dimensionality of welfare and that of identifying the multidimensionally poor, by first finding the poor using the original space of attributes, and then reducing the welfare space. The starting point is the notion that the “poor” constitutes a group of individuals that are essentially different from the “non‐poor” in a truly multidimensional framework. Once this group has been identified through a clustering procedure, we propose reducing the dimension of the original welfare space using recent blinding methods for variable selection. We implement our approach to the case of Latin America based on the Gallup World Poll, which contains ample information on many dimensions of welfare.
Abstract:With data for Portugal we propose an index of housing comfort based on the Household Budget Survey. This index covers housing and durable goods grouped in two dimensions: basic comfort and complementary comfort. Taking this index as starting point we make two contributions. First we quantify the phenomena of poverty, richness, and inequality in housing comfort. Second, using an ordered probit model, we evaluate the determinants of housing comfort in Portugal. The results show significant rates of poverty (12.41%) and richness (22.03%). The evidence sustains that the differences between households derive mainly from complementary comfort and to a lesser extent from basic comfort items. Inequality in housing comfort, measured by the Gini coefficient, stands at 0.1263. The econometric study reveals that the region of residence of the household and the educational level and labor market state of the household reference person are among the most critical determinant factors of housing comfort.
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