Becoming unemployed and poor in Great Britain

Alexander Plum

Applied Economics Letters, 2017, vol. 24, issue 18, 1289-1293

Abstract: In this study on Great Britain, we estimate the labour market and income process of prime-aged men simultaneously and control for spillover effects. Evidence is presented that the risk of becoming unemployed and poor increases with the duration of unemployment and decreases with the duration of employment. Moreover, the experience of poverty influences the labour market and income prospects negatively, though on a much smaller scale than does the labour market position.

Date: 2017
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DOI: 10.1080/13504851.2016.1273476

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