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CHAPTER III. POVERTY MEASURES

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human scale of poverty. The headcount is calculated by comparing the income yi of each household to the poverty line z. (The index i = 1–M, where M is the total number of households in the sample.) Concretely, an indicator variable is constructed for each household, taking the value 1 when income falls below the poverty line or 0 if income is ...

  Human, Index, Poverty

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