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Reference Budget-Based Approach to Absolute Poverty Measurement

In: Measuring and Monitoring Absolute Poverty in the European Union

Author

Listed:
  • Balint Menyhert

    (Joint Research Centre)

  • Zsombor Cseres-Gergely

    (Joint Research Centre)

  • Virmantas Kvedaras

    (Joint Research Centre)

  • Benedetta Mina

    (Joint Research Centre)

  • Filippo Pericoli

    (Joint Research Centre)

  • Slavica Zec

    (Joint Research Centre)

Abstract

Reference budgets are illustrative priced baskets of goods and services that indicate households’ minimum financial needs in association with a chosen standard of living. This chapter gives a detailed account of how absolute poverty measurement in the European context may be based on reference budgets as its central component. The so-called budget-based approach of ABSPO measurement explores the related limits and challenges and develops a methodology to extend existing reference budget inputs and ensure full population coverage for consistent absolute poverty measurement in three pilot countries (Belgium, Finland, Hungary).

Suggested Citation

  • Balint Menyhert & Zsombor Cseres-Gergely & Virmantas Kvedaras & Benedetta Mina & Filippo Pericoli & Slavica Zec, 2025. "Reference Budget-Based Approach to Absolute Poverty Measurement," Springer Books, in: Measuring and Monitoring Absolute Poverty in the European Union, chapter 0, pages 91-122, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-63953-1_4
    DOI: 10.1007/978-3-031-63953-1_4
    as

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