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Keywords:

  • Foster–Greer–Thorbecke poverty indices;
  • multiplicative decomposition;
  • poverty measurement
  • I30;
  • I32;
  • D63

ABSTRACT

This paper shows that Foster–Greer–Thorbecke poverty indices can be written as the product of components summarizing the incidence, intensity and inequality dimensions of poverty and provides an empirical illustration of the decomposition using Spanish household budget surveys data.