Concept information
Preferred term
Foster, Greer and Thorbecke index
Definition
- THE FOSTER, GREER and Thorbecke (FGT) Index is a poverty measure developed by Eric Thorbecke and Joel Greer of Cornell University and James Foster, a professor of economics at Vanderbilt University. The formula is used by economists to measure how income is distributed below the poverty line. [Source: Encyclopedia of World Poverty; Foster, Greer and Thorbecke Index]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Foster,_Greer_and_Thorbecke_index
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