POVERTY AND ASSETS IN BELGIUM

Karel Van den Bosch

Review of Income and Wealth, 1998, vol. 44, issue 2, 215-228

Abstract: This paper discusses how to take assets into account in the measurement of poverty. First asset holdings of current income‐poor households are described. Second, the effects on the measured incidence of poverty of two methods to combine income and assets into a single index of economic resources are presented. Third, since the majority of income‐poor households do not have assets of much value except for their home, I reconsider the matter of the treatment of housing costs in the measurement of poverty. A method where poverty thresholds are adjusted according to home tenure status is favored, and results of this method are shown. Data are used from the Belgian Socio‐Economic Panel, wave 1992.

Date: 1998
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