Welfare, Well-Being, and Poverty

Welfare, well-being, and poverty (JEL I3) cover the economics of welfare, living standards, and poverty.

Scope

It includes the measurement of welfare and poverty, inequality and deprivation, and antipoverty and social-protection policy.

Sub-topics

• General
• General Welfare, Well-Being
• Measurement and Analysis of Poverty
• Government Policy • Provision and Effects of Welfare Programs
• Other

Core questions

• How should welfare and poverty be measured?
• What causes poverty?
• How effective are antipoverty policies?

Key concepts

• Welfare measurement
• Poverty lines
• Well-being
• Social protection
• Inequality

Frequently asked questions

How is poverty measured in economics?

Through income- or consumption-based poverty lines, and increasingly multidimensional and capability-based measures.