poverty experience on future poverty status, future employment status and household composition. The empirical results suggest … that even after controlling for observed and unobserved characteristics, past poverty experience increases the poverty risk … of future periods. Moreover, there is evidence that experiencing poverty has a negative effect on future employment …

poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …