Why rising tides don't lift all boats? An explanation of the relationship between poverty and unemployment in Britain
Simon Burgess,
Karen Gardiner and
Carol Propper
CASE Papers from Centre for Analysis of Social Exclusion, LSE
Abstract:
Abstract: This paper is motivated by the lack of any obvious relationship between aggregate poverty and unemployment in Great Britain. We derive a framework based on individuals' risks of unemployment and poverty, and how these vary over the economic cycle. Analysing the British Household Panel Survey for 1991-96, we are able to square the micro evidence - that unemployment matters for poverty - with the macro picture - that there's no strong link. We then go on to identify which household and individual characteristics are associated with whether an individual's poverty risk is vulnerable to the economic cycle.
Keywords: Poverty; unemployment; economic cycle (search for similar items in EconPapers)
Date: 2001-02
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Working Paper: Why rising tides don't lift all boats: an explanation of the relationship between poverty and unemployment in Britain (2001) 
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Persistent link: https://EconPapers.repec.org/RePEc:cep:sticas:046
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