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The paper analyses changes in poverty in Britain since 1997. A povertylevel of 60 percent of median equivalised income is used. The first partexamines the changes that occurred between 1996/7 and 2000/1 asshown by the Family Resources Survey, on which government estimatesof Households Below...
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In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey andfind that, of three different types of risks that we...
Persistent link: https://www.econbiz.de/10005871008
This paper is motivated by the lack of any obvious relationship betweenaggregate poverty and unemployment in Great Britain. We derive aframework based on individuals’ risks of unemployment and poverty,and how these vary over the economic cycle. Analysing the BritishHousehold Panel Survey for...
Persistent link: https://www.econbiz.de/10008695295
We provide a critique of the methods that have been used to derive measures ofincome risk and draw attention to the importance of demographic factors as asource of income risk. We also propose new measures of the contribution tototal income risk of demographic and labour market factors....
Persistent link: https://www.econbiz.de/10008733210
examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth … distribution, in determining the long-term wealth distributionand the level of per capita income of an economy.[...] …
Persistent link: https://www.econbiz.de/10008911474
The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...
Persistent link: https://www.econbiz.de/10009354039
This paper argues that our understanding of income and poverty dynamicsbenefits from taking a life cycle perspective. A person’s age and familycircumstances – the factors that shape their life cycle – affect the likelihood ofexperiencing key life events, such as partnership formation,...
Persistent link: https://www.econbiz.de/10009354047
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