Poverty rates calculated on the basis of different definitions of consumption may reveal substantial biases, but under … poverty rates are only rarely based on identical underlying definitions of welfare. The authors examine the sensitivity of … poverty rates calculated from alternative definitions of consumption. They consider what theory can say about the direction of …

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 …

We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …

Frequent measurement of poverty is challenging, as measurement often relies on complex and expensive expenditure … questions about the consistency of the poverty-tracking efforts currently applied across countries, since obtaining exhaustive …