Vulnerable Households and Variable Incomes

Sanghamitra Bandyopadhyay () and Frank Cowell ()

STICERD - Distributional Analysis Research Programme Papers from Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

Abstract: In this paper we examine the concept of "vulnerability" within the context of incomemobility of the poor. We test for the dynamics of vulnerable households in the UKusing Waves 1 - 12 of the British Household Panel Study and find that, of threedifferent types of risks that we test for, household-specific shocks and economy-wideaggregate shocks have the greatest impact on consumption, in comparison to shocksto the income stream.

Date: 2006-02
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Persistent link: https://EconPapers.repec.org/RePEc:cep:stidar:79

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