Modelling household income dynamics

Stephen Jenkins

Journal of Population Economics, 2000, vol. 13, issue 4, 529-567

Abstract: This paper is about income and poverty dynamics and their socioeconomic correlates. The first half of the paper aims to establish some of the salient facts for Britain, applying the pioneering methods of Bane and Ellwood (1986). Important for poverty dynamics are changes in labour earnings from persons other than the household head, changes in non-labour income (including benefits), and changes in household composition, in addition to changes in the heads' labour earnings. The second half of the paper is a review and critique of the multivariate modelling frameworks which might be used to explain and forecast these salient facts for Britain or elsewhere.

Keywords: Income dynamics; poverty dynamics; income distribution (search for similar items in EconPapers)
JEL-codes: C23 C41 D31 I32 (search for similar items in EconPapers)
Date: 2001-01-10
Note: Received: 7 January 1999/Accepted: 22 July 1999
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Citations: View citations in EconPapers (62)

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