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Christophe Muller |
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''The Properties of the Watts Poverty Index under Lognormality'' |
( 2001, Vol. 9 No.1 ) |
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Under lognormality assumption, we derive the parametric formula of the Watts measure, one of the main axiomatically sound poverty measures. In these conditions, we derive new properties of the Watts measure, its sensitivity to distribution parameters and its parametric standard error. |
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Keywords: Income Distribution |
JEL: I3 - Welfare and Poverty: General D6 - Welfare Economics: General |
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Manuscript Received : Aug 30 2001 | | Manuscript Accepted : Aug 30 2001 |
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