Poverty persistence in Britain: A multivariate analysis using the BHPS, 1991–1997
Francesco Devicienti ()
Journal of Economics, 2002, vol. 77, issue 1, 307-340
Abstract:
This paper uses longitudinal data from the BHPS, Waves 1–7, to document low-income dynamics for individuals living in Britain in 1990s. Poverty entry and exit hazard rates are estimated and used to calculate the distribution of time spent poor over a six-year period. The results underline the importance of accounting for individuals' repeated spells of poverty when measuring poverty persistence. Using discrete-time proprotional hazard rate models, the paper then seeks to ‘explain’ and forecast the observed chances of exit/entering poverty and the distribution of time spent in poverty for individuals with selected characteristics. The socio-economic correlates of the observed poverty patterns are investigated, including the relative importance of both household and individual characteristics. Copyright Springer-Verlag 2002
Keywords: Poverty Dynamics; Poverty Persistence; Multiple Spells; Hazard Rate Models; I32; I31 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (17)
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Journal Article: Poverty persistence in Britain: A multivariate analysis using the BHPS, 1991–1997 (2002) 
Working Paper: Poverty persistence in Britain: a multivariate analysis using the BHPS, 1991-1997 (2001) 
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jeczfn:v:77:y:2002:i:1:p:307-340
DOI: 10.1007/BF03052509
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