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Author: | Cappellari, L. Jenkins, S. P. |
Title: | Who stays poor? Who becomes poor? Evidence from the British household panel survey |
Journal: | Economic Journal
2002 : MAR, VOL. 112:478, p. C60-C67 |
Index terms: | Household goods Welfare economics Social welfare United Kingdom |
Language: | eng |
Abstract: | The authors estimate a first-order Markov model of poverty persistence and entry rates working-age Britons and demonstrate the importance of controlling for endogenous selection via initial poverty status and attrition. Predicted poverty transition rates reveal substantial heterogeneity in poverty transition rates, but there is also substantial genuine state dependence in poverty. |
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