Journal
JOURNAL OF ECONOMIC INEQUALITY
Volume 8, Issue 4, Pages 491-524Publisher
SPRINGER
DOI: 10.1007/s10888-010-9136-1
Keywords
Axioms; Decomposability; FGT measures; Income distribution; Poverty; Stochastic dominance; Subgroup consistency
Categories
Ask authors/readers for more resources
Twenty-five years ago, the FGT class of decomposable poverty measures was introduced in Foster, Greer, and Thorbecke (Econometrica 52:761-776, 1984). The present study provides a retrospective view of the FGT paper and the subsequent literature, as well as a brief discussion of future directions. We identify three categories of contributions: to measurement, to axiomatics, and to application. A representative subset of the literature generated by the FGT methodology is discussed and grouped according to this taxonomy. We show how the FGT paper has played a central role in several thriving literatures and has contributed to the design, implementation, and evaluation of prominent development programs; the breadth of its impact is evidenced by the many topics beyond poverty to which its methodology has been applied. We conclude with a selection of prospective research topics.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available