Events and Meetings of Italian Statistical Society, Advances in Latent Variables - Methods, Models and Applications

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Alternative weighting structures for multidimensional poverty assessment
Danilo Cavapozzi, Wei Han, Raffaele Miniaci

Last modified: 2013-06-14

Abstract


There is a general consensus about recognizing that the concept of well-being cannot be comprehensively captured by any traditional unidimensional indicator focusing on a single aspect of individuals’ condition, such as income. However, in spite of a general consensus on the necessity of using multidimensional indicators, there is an open debate on how different dimensions should be weighted within a single well-being indicator. In this paper we use the second wave of SHARE (Survey of Health, Ageing and Retirement in Europe) to assess to what extent the outcomes of well-being analyses based on multidimensional indicators can be affected by the adoption of alternative weighting schemes.

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