Labor Seminars Amsterdam

Speaker(s)
Guilhem Cassan (University of Namur, Belgium)
Date
Tuesday, 11 September 2018
Location
Amsterdam

Mainsteam poverty measures ignore mortality: these measures implicitly assume that death is preferable to poverty. This leads to debatable properties, such as the mortatility paradox (Kanbur and Mukherjee, 2007) according to which the death of poor individuals leads to a decrease in poverty. We propose a novel measure which does not make such debatable assumptions and avoid these policy implications by aggregating income poverty with mortality information. It relies on the arguably reasonable assumption that a prematurely dead individual is not better off than a poor one. We study the normative foundations of our measure and investigate how it changes our understanding of the size, distribution and evolution of deprivation in the world.