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An Alternative Approach to Poverty Analysis
Authors:Graham Pyatt
Abstract:A model of the household in which production and consumption activities are not separable is developed in order to provide micro-economic foundations for an alternative to the standard approach to poverty analysis. The alternative suggests that socio-economic groups and their respective livelihoods should be the basic building blocks for analysing poverty within a general equilibrium framework.
Keywords:Poverty  Consumption Behaviour  Social Accounting Matrix  Household Modelling
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