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Understanding poverty measures and the call to update them

Author

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  • Natalia A. Kolesnikova
  • Yang Liu

Abstract

Official poverty rates are on the rise in the United States. But does this necessarily mean that more people can?t meet their basic needs? This article examines how poverty is calculated and looks at the criticisms of these measures.

Suggested Citation

  • Natalia A. Kolesnikova & Yang Liu, 2012. "Understanding poverty measures and the call to update them," The Regional Economist, Federal Reserve Bank of St. Louis, issue Jul.
    • Handle: RePEc:fip:fedlre:y:2012:i:jul:x:1
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    File URL: https://www.stlouisfed.org/publications/regional-economist/july-2012/understanding-poverty-measures-and-the-call-to-update-them
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    Keywords

    Poverty;

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