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The poverty gap index ignores the effect of inequality between the poor. It does not capture differences in the severity of poverty amongst the poor. As a theoretical example, consider two small neighborhoods where just two households each are below the official poverty line of US$500 income per year.
The Foster–Greer–Thorbecke indices are a family of poverty metrics.The most commonly used index from the family, FGT 2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics.
The Poverty gap index is the mean distance below the poverty line as a proportion of the poverty line where the mean is taken over the whole population, counting the non-poor as having zero poverty gap. Using the index function, we have: = (<), where define the poverty gap (Gi) as the poverty line (z) less actual income (yi) for poor ...
The depth of poverty is the average 'gap' (G) between the level of deprivation poor people experience and the poverty cut-off line. M1 = H x A x G. Adjusted Squared Poverty Gap (M2): This measure reflects the incidence, intensity, and depth of poverty, as well as inequality among the poor (captured by the squared gap, S). M2 = H x A x S.
For example, a low-income state like Mississippi — where the median income for an individual is the lowest in the country at $47,446 — also has the highest rate of persistent poverty at 24.4% ...
As the U.S. poverty level sees its largest increase in history, a state by state comparison is revealing to understanding American poverty The Surprising Poverty Levels Across the U.S. Skip to ...
Poverty among the elderly is now nearly twice the normal rate. Traditionally, 10 percent of Americans over age 65 live below the poverty line, but the National Academy of Science has developed a ...
The Carstairs index makes use of data collected at the Census to calculate the relative deprivation of an area, therefore there have been four versions: 1981, 1991, 2001 and 2011. The Carstairs indices are routinely produced and published [ 30 ] by the MRC/CSO Social and Public Health Sciences Unit at the University of Glasgow.