HSS 2321 Lecture Notes - Lecture 15: Multidimensional Poverty Index, Human Poverty Index
Document Summary
Of cial poverty measure (opm: one of the preferred measures of poverty by the us government, you are considered impoverished if your pre-tax income is less than three times the cost of a minimal food diet. This is based on computation and is updated to re ect changes in in ation: does not consider expenses related to housing, transportation, education, health, information, etc. and does not consider variations in diet. Supplemental poverty measure (spm: was introduced in 2010 to account for the criticisms of the opm, accounts for basic necessities: food, clothing, shelter, and utilities. Also accounts for taxes paid and government bene ts received. Hpi for low income countries hpi for high income countries. Probability at birth of not surviving to age 40. Probability at birth of not surviving to age 60. % of population not using improved water sources. % of people living beneath the poverty line.