Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2015 - This version: February 2015
poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …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 …