The measurement of asset and wealth poverty

Despite its important contribution to household economic well-being, wealth is at best only partially considered in standard poverty analysis based on income measures. The aim of this chapter is to provide a brief overview of the main approaches to the measurement of wealth poverty and the integration of wealth into the measurement of economic well-being. These include measures of economic vulnerability, joint income-wealth measures derived using the annuity method, and the asset-index approach. We discuss those approaches and the measures ensuing from them, as well as their empirical applications and the key insights into the wealth dimension of poverty gained from them.