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PAM 2208: poverty, Poverty pt 2 - Coggle Diagram
PAM 2208: poverty
Poverty as a hybrid model of inequality system
identify dollarr value of economic resouurces
identify fammilly struucture and poverty threshold for that struucture
ddetermmine poverty sttatus dependiing on wehter resouurces fall above or below thrreshold
suubgroupus ammong those in poverty
resource based :deep poverty
labor force: woking poor
Poverty as a hybri domdel of inequality system
What three ways can the threshold can be defined by?
Official Poverty Measure(OPM)
Who founded this idea?
Mollie Orshansky: food economist
How did this idea come to be about?
asked to measure food security
dollar value of nutritionally adequate diet
multiply value by 3- fam spends 1/3 onn food
Measure of food security -> measure of poverty
adjusted for inflation
What do you do?
compare pre tax annual income to family structure specific threshold
cash income: wages, self employment, pensions, cash benefits
What are some critiques of tthiis?
based on food costs
does not reflect changes in standards of living or relattive share of income going to food
Few geographic adjustments
AK and HI have higher $ threshold b/c food much more expensive
Before-tax cash income doesn't reflect resources of expanses
excludes food stamps
doesn't account for taxes, out of pocket medical expenses
narrow definition of family
SPM (supplemental poverty measure)
Relative Poverty Measure
relative to median income
threshold: 50%
Measures: Relative deprivation
income relative to other families in area
may capture subjective experience of deprivation
less affected by economic cycles
used in the Europe not as much US gov
Poverty pt 2