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Poverty measures are used to measure poverty levels or degrees of poverty in a population. Stochastic dominance refers to a set of relations between distributions. Stochastic dominance orders of poverty measures have been discussed by many authors in the literature. In this paper, definition of stochastic dominance is introduced and used to order poverty… (More)
Poverty measures are used to measure poverty levels or degrees of poverty in a population. In this talk, we investigate the estimation of poverty measures using both truncated log-normal and truncated gamma distributions. For Comparisons and illustrations, Our results are applied to the real data sets collected in Egypt between 1995/1996 and 2008/2009.
—To properly gauge the extent of poverty in a country or in a region, economists use semi-heuristic poverty measures such as the Foster-Greer-Thorbecke (FGT) metric. These measures are used because it was empirically shown that they capture the commonsense meaning of the extent of poverty better than previously proposed measures. However, the fact that… (More)