Burgess, Simon; Propper, Carol - C.E.P.R. Discussion Papers - 1996
This paper characterizes the nature of poverty from a dynamic life-cycle perspective. Using panel data from the … National Longitudinal Survey of Youth, we find that 40% of young Americans experienced at least one year of poverty, and most … of these experienced one or two years. A significant group, by age 34, had suffered five or more years of poverty out of …