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Full-Text Articles in Income Distribution
Poverty In New York City: Consumption Expenditure As A Poverty Predictor, Michael Lomtevas
Poverty In New York City: Consumption Expenditure As A Poverty Predictor, Michael Lomtevas
Student Theses and Dissertations
This thesis seeks to replicate the findings of a 2012 study published by Meyer and Sullivan in the Journal of Economic Perspectives using data provided by the Columbia University Longitudinal Wellness Survey. That study found that a poverty measure based on consumption predicted material hardship better than both the Official (OPM) and Supplemental Poverty Measures (SPM). This was found to be the case because a well-constructed consumption poverty measure (CPM) captures in-kind benefits that the OPM neglects. Such a measure also avoids issues inherent in the SPM that arise from respondents underreporting their income and includes the ability to consume …