Adaptation to Poverty in Long-Run Panel Data

Andrew Clark, Conchita D’Ambrosio and Simone Ghislandi
Additional contact information
Conchita D’Ambrosio: Université du Luxembourg
Simone Ghislandi: Università Bocconi
Authors registered in the RePEc Author Service: Conchita D'Ambrosio

The Review of Economics and Statistics, 2016, vol. 98, issue 3, 591-600

Abstract: We consider the link between poverty and subjective wellbeing and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show, first, that life satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot identify any cause of poverty entry that explains the overall lack of poverty adaptation.

Keywords: Income; Poverty; Subjective well-being; Adaptation; SOEP (search for similar items in EconPapers)
JEL-codes: D60 I31 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (53)

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Related works:
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2016)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2016)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2015)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2014)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2014)
Working Paper: Adaptation to poverty in long-run panel data (2014)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2014)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2014)
Working Paper: Adaptation to Poverty in Long-Run Panel Data (2014)
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