Rigg, John; Sefton, Tom - London School of Economics and Political Science - 2004
This paper argues that our understanding of income and poverty dynamicsbenefits from taking a life cycle perspective. A … life events, such as partnership formation, having children, orretirement; this in turn affects their probability of … experiencing rising, falling, orother income trajectories. Using ten waves of the British Household PanelSurvey, we analyse the …