Who Stays Poor? Who Becomes Poor? Evidence from the British Household Panel Survey

We estimate a first-order Markov model of poverty persistence and entry rates for 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. Copyright Royal Economic Society 2002.

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Year of publication:	2002
Authors:	Cappellari, Lorenzo ; Jemkins, Stephen P.
Published in:	Economic Journal. - Royal Economic Society - RES, ISSN 1468-0297. - Vol. 112.2002, 478, p. 60-60
Publisher:	Royal Economic Society - RES

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005072493