Adaptation to Poverty in Long-Run Panel Data

Andrew Clark, Conchita D'Ambrosio and Simone Ghislandi
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Simone Ghislandi: Università commerciale Luigi Bocconi - Università commerciale Luigi Bocconi

PSE-Ecole d'économie de Paris (Postprint) from HAL

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: Poverty (search for similar items in EconPapers)
Date: 2016-07
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Citations: View citations in EconPapers (49)

Published in Review of Economics and Statistics, 2016, 98 (3), pp.591-600. ⟨10.1162/REST_a_00544⟩

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Related works:
Journal Article: 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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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-01383894

DOI: 10.1162/REST_a_00544

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