Who Stays Poor? Who Becomes Poor? Evidence from the British Household Panel Survey

Lorenzo Cappellari and Stephen P. Jemkins
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Stephen P. Jemkins: University of Essex
Authors registered in the RePEc Author Service: Stephen Jenkins

Economic Journal, 2002, vol. 112, issue 478, C60-C67

Abstract: We estimate a first-order Markov model of poverty persistence and entry rates for working-age Britons and demonstrate the importance of controlling for endogenous selection via initial poverty status and attrition. Predicted poverty transition rates reveal substantial heterogeneity in poverty transition rates, but there is also substantial genuine state dependence in poverty. Copyright Royal Economic Society 2002.

Date: 2002
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