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CPS2010 Rodrigo L. et al.
                   Figure 2: Paraguay, population with low and high values of the asset index,
                   by urban/rural location and at the second administrative level of geography;
                    Data source: Integrated Public Use Microdata Series (IPUMS) International.









































                  4.  Discussion and Conclusion
                      Preliminary results for the countries included in the study show overall
                  improvements  in  wealth  from  an  asset-based  perspective  for  most  of  the
                  samples analyzed (except for Colombia) between the census rounds of 1990,
                  2000, and 2010. Even though the national trend for Colombia shows a decline
                  in  household  wealth,  the  spatial  distribution  of  the  asset  index  highlights
                  specific areas that did achieve progress over time. Furthermore, improvements
                  based on the set of indicators analyzed are found to be uneven and appear to
                  be biased towards the population residing in urban areas. Thus, the use of a
                  non-monetary approach to examine wealth and poverty provides additional
                  insights  with  respect  to  traditionally  used  measures  such  as  household
                  expenditures or income. The final version of this paper will compare asset-
                  based wealth using principal components analysis against indices predicting
                  household expenditures. In addition, we will measure the gaps between urban
                  and  rural  areas,  the  magnitude  of  spatial  inequalities,  and  decompose  the



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