We investigate the accuracy of ex ante assessments of vulnerability to income poverty using cross-sectional data and … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and … high mobility in and out of poverty. …

Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty … with the state-level poverty ratio while controlling for individual poverty status and poverty intensity. The negative … relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …