Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation
Abstract
Methodological tools to determine the poverty line and its relation to the protected minimum payments have been proposed. This methodology is based on the combination of two approaches - relative and absolute. The former ensures the connection of the poverty line to the actual public income distribution and the latter - a minimum living standard. A number of methodological solutions have been provided with a view to the determination of the protected minimum payments (minimum salary, social pension and social benefits), reflecting directly or indirectly the poverty line dynamics.