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"Despite robust growth in real per capita GDP over the last three decades, the U.S. poverty rate has changed very little. In an effort to better understand this disconnect, we document and quantify the relationship between poverty and four different factors that may affect poverty and its...
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This paper investigates the persistence of poverty over individuals' lifetimes using a hazard rate, or spells approach. Previous research on poverty dynamics using the spells approach has been limited by its failure to take into account multiple episodes of poverty. I estimate hazard models for...
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Despite robust growth in real per capita GDP over the last three decades, the U.S. poverty rate has changed very little. In an effort to better understand this disconnect, we document and quantify the relationship between poverty and four different factors that may affect poverty and its...
Persistent link: https://www.econbiz.de/10013225424
This paper investigates the persistence of poverty over individuals' lifetimes using a hazard rate, or spells approach. Previous research on poverty dynamics using the spells approach has been limited by its failure to take into account multiple episodes of poverty. I estimate hazard models for...
Persistent link: https://www.econbiz.de/10013237259