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Determining the Parameters of Axiomatically Derived Multidimensional Poverty Indices: An Application Based on Reported Well-Being in Colombia

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Quantitative Approaches to Multidimensional Poverty Measurement

Abstract

This chapter tries to address a question that is to a certain extent a puzzle: Can we explain the self-reported improvement in well-being of Colombians between 1997 and 2003 by using multidimensional poverty indexes? And it is puzzling because during this period Colombians experienced the worst economic recession of the twentieth century (1998), erasing a decade of progress in poverty reduction and reversing the levels of poverty to 1988 levels.

The opinions expressed here are the authors’ and do not necessarily reflect the official views of the Inter-American Development Bank, its Executive Directors, or the countries they represent.

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© 2008 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Vélez, C.E., Robles, M. (2008). Determining the Parameters of Axiomatically Derived Multidimensional Poverty Indices: An Application Based on Reported Well-Being in Colombia. In: Kakwani, N., Silber, J. (eds) Quantitative Approaches to Multidimensional Poverty Measurement. Palgrave Macmillan, London. https://doi.org/10.1057/9780230582354_12

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