line.med: Medeiros's affluence line

In affluenceIndex: Affluence (Richness) Indices

Description

Computes the Medeiros's affluence line.

Usage

line.med(x, weight, k)

Arguments

x	the income vector
weight	vector of weights
k	poverty line as a multiple of the median income

Details

The Medeiros's affluence line is based on the concept of poverty gap related to a given poverty line (in the package this line is set as a defined by the user multiple of the median income). Based on the determined poverty gap, there is calculated the point where the income of the richest should be reduced in order to make possible enough transfers to cover this gap and eliminate poverty. The calculated point of income may be also presented as the multiple of the median income.

Value

median_inc	the median income
Gp	the poverty gap
rho_medeiros	Medeiros's affluence line
median_multiple	Medeiros's affluence line as a multiple of the median

Author(s)

Anna Saczewska-Piotrowska, Alicja Wolny-Dominiak

References

Medeiros M. (2006) The rich and the poor: The construction of an affluence line from the poverty line. Social Indicators Research, 78(1), pp. 1-18.

Examples

data(affluence)
line.med(affluence$income, affluence$hs_size, 0.6)

affluenceIndex documentation built on Jan. 5, 2022, 5:07 p.m.