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...

We pursue an economic approach to analysing poverty. This requires a focus onthe variables that individuals can influence, such as forming or dissolving aunion or having children. We argue that this indirect approach to modellingpoverty is the right way to bring economic tools to bear on the...