Poverty in Latin America: Feelings/Perceptions vs Material Conditions

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Verónica Amarante (University of the Republic) Maira Colacce (University of the Republic)

Poverty in Latin America

Feelings/Perceptions vs Material Conditions

Verónica Amarante (University of the Republic), Maira Colacce (University of the Republic), Federico Scalese (University of the Republic)

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English

Cambridge University Press
12 June 2025

Poverty & unemployment; International economics; Development economics

Series: Elements in Development Economics

Summary
Details

This Element derives subjective poverty lines for seven Latin American countries based on a Minimum Income Question included in household expenditure surveys. It compares poverty incidence under the subjective and objective approach, finding subjective poverty is larger than objective for all countries. People identified as poor are generally poor by both measures or only subjective poor, although patterns of overlapping differ between countries. It explores the factors associated to considering oneself as poor - being subjectively poor- when the per capita household income is higher than the objective poverty line. Generally, unemployment and informality are associated with higher probability of subjective poverty. Other factors not directly involving income but reflecting high economic security also tend to reduce the probability of feeling poor. Finally, the welfare stigma effect does not seem to hold, at least in terms of subjective poverty. This title is also available as Open Access on Cambridge Core.

By: Verónica Amarante (University of the Republic), Maira Colacce (University of the Republic), Federico Scalese (University of the Republic)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Weight: 277g
ISBN: 9781009542043
ISBN 10: 1009542044
Series: Elements in Development Economics
Pages: 94
Publication Date: 12 June 2025
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active