The Levy Institute Measure of Time and Income Poverty

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Official poverty lines predominantly focus on the ability of individuals and households to gain access to some minimal level of income, on the premise that such access is sufficient to meet basic material needs. The Levy Institute Measure of Time and Income Poverty (LIMTIP) is designed to take account of the fact that the daily reproduction of household members also requires that some amount of time be dedicated to necessary (unpaid) household production activities. Just as some households fail to gain access to sufficient income, the LIMTIP measures the extent to which households may fail to meet their basic household production requirements for lack of time (or the money to purchase market substitutes).

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Blithewood
Bard College
Annandale-on-Hudson, NY 12504-5000
845-758-7700
The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.

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