Integrating Mortality into Poverty Measurement through the Poverty Adjusted Life Expectancy Index
| dc.creator | Baland, Jean-Marie | |
| dc.creator | Cassan, Guilhem | |
| dc.creator | Decerf, Benoit | |
| dc.date | 2022-08-01T13:55:54Z | |
| dc.date | 2022-08-01T13:55:54Z | |
| dc.date | 2022-07 | |
| dc.date.accessioned | 2026-07-01T00:36:02Z | |
| dc.description | Poverty measures typically do not account for mortality, resulting in counter-intuitive evaluations. The reason is that they (i) suffer from a mortality paradox and (ii) do not attribute intrinsic value to the lifespan. The paper proposes the first poverty index that always attributes a positive value to lifespan and does not suffer from the mortality paradox. This index, called the poverty-adjusted life expectancy, follows an expected lifecycle utility approach a la Harsanyi and is based on a single normative parameter that transparently captures the trade-off between poverty and mortality. This indicator can be straightforwardly generalized to account for unequal lifespans. Empirically, we show that accounting for mortality substantially changes cross-country comparisons and trends. The paper also quantifies the fraction of these comparisons that are robust to the choice of the normative parameter. | |
| dc.format | application/pdf | |
| dc.format | text/plain | |
| dc.identifier | http://documents.worldbank.org/curated/en/099826507292238069/IDU0dcf0c5150431e048e30af2b01041f1ae62d3 | |
| dc.identifier | https://hdl.handle.net/10986/37790 | |
| dc.identifier | https://doi.org/10.1596/1813-9450-10133 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/407043 | |
| dc.language | English | |
| dc.language | en | |
| dc.publisher | World Bank, Washington, DC | |
| dc.relation | Policy Research Working Papers;10133 | |
| dc.rights | CC BY 3.0 IGO | |
| dc.rights | http://creativecommons.org/licenses/by/3.0/igo | |
| dc.rights | World Bank | |
| dc.subject | WELL-BEING INDEX | |
| dc.subject | HUMAN DEVELOPMENT INDEX | |
| dc.subject | MULTIDIMENSIONAL POVERTY | |
| dc.subject | POVERTY | |
| dc.subject | MORTALITY | |
| dc.subject | POVERTY-ADJUSTED LIFE EXPECTANCY INDEX | |
| dc.subject | COUNTRY COMPARISON | |
| dc.title | Integrating Mortality into Poverty Measurement through the Poverty Adjusted Life Expectancy Index | |
| dc.type | Working Paper | |
| dc.type | Document de travail | |
| dc.type | Documento de trabajo |