 Economic Vulnerability in Spain: Before, During, and “After” CrisisChapter Chapter 5 in Measuring Multidimensional Poverty and Deprivation, 2017, pp 87-112 from Palgrave Macmillan Abstract: Abstract We estimate economic vulnerability, based on several domains: economic insecurity, financial stress, and material deprivation, by applying latent class models to Spanish microdata from the European Union Survey on Income and Living Conditions for the years 2004, 2009, and 2014. Our analysis identifies different groups in the population depending on their level of vulnerability. A static analysis of the determinants of vulnerability is performed to study the demographic characteristics, education level, and labor market status of those identified as the “vulnerable”. A second step of the analysis includes the dynamic dimension both to consider the effect of economic crisis in vulnerability in Spain and to measure the actual level of vulnerability. The reference period for the analysis includes the years 2004 (pre-crisis), 2009 (during crisis), and 2014 (post-crisis). This comparison is developed by means of a decomposition of differences in risk, à la Oaxaca-Blinder. Thus, we distinguish between different distributions of factors, such as education or labor market status, across time and the different effects of the same situation. Date: 2017 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:gpochp:978-3-319-58368-6_5 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-58368-6_5 Access Statistics for this chapter More chapters in Global Perspectives on Wealth and Distribution from Palgrave Macmillan |
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