These questions hark back to an old debate—whether poverty is absolute or relative. An absolute poverty line is intended to represent constant purchasing power over commodities in different places and ...
We investigate a method for eliciting relative poverty rankings that aggregates partial poverty rankings obtained from multiple individuals. We first demonstrate that the method works in principle, ...
Relative poverty relates to what a particular society considers to be poor. For example, someone in the UK might be considered to be relatively poor if they live on less than the average UK income.
Labor income in low-exposure states fell relative to high-exposure states by 10% and the incidence of wage poverty (the fraction of wage earners whose labor income would not sustain a family of four ...
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the winter fuel payment, the government's own estimates have revealed. Earlier this year ...