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Happiness QuantifiedA Satisfaction Calculus Approach$
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Bernard M. S. van Praag and Ada Ferrer-i-Carbonell

Print publication date: 2007

Print ISBN-13: 9780199226146

Published to Oxford Scholarship Online: May 2008

DOI: 10.1093/acprof:oso/9780199226146.001.0001

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Multi‐dimensional Poverty

Multi‐dimensional Poverty

(p.320) 16 Multi‐dimensional Poverty
Happiness Quantified

Bernard Van Praag

Oxford University Press

The concept of subjective poverty developed in Chapter 15 is now extended to a multidimensional concept of poverty. Subjective poverty dimensions are constructed for e.g., health, leisure, and housing satisfaction poverty. The chapter not only examines the incidence of poverty, but also transitions from non-poverty to poverty and vice versa, the volatility of poverty, and poverty predictions. The results show that although there is a correlation between being in poverty for every domain, we cannot speak of an overall poverty concept. It is suggested that poverty should be seen as a multi-dimensional concept.

Keywords:   subjective poverty, transient poverty, health, leisure, housing

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