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A modelling framework is developed for describing income-age trajectories that is useful for summarizing not only the average profile for a group of individuals with similar characteristics, but also how individual trajectories differ from the group average. Using data from waves 1-17 of the...
Persistent link: https://www.econbiz.de/10010331562
We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a non-random sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...
Persistent link: https://www.econbiz.de/10010331565
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The core hypothesis of this paper is that an individuals time use choices may be contingent on the time use choices of others, because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop this idea using a...
Persistent link: https://www.econbiz.de/10010331599
This paper analyses the economic impact of becoming disabled for British working-age men. The data is from the five eight waves (1991/8) of the British Household Panel Survey (BHPS). Cross-sectional evidence shows that the income of disabled working-age men is substantially lower than...
Persistent link: https://www.econbiz.de/10010331617
Older women in Britain receive considerably less private pension income than older men, on average. We analyse this differential by examining differences between the sexes both in private pension coverage and in pension income conditional on receipt. Using regression-based decompositions, we...
Persistent link: https://www.econbiz.de/10010331630
Little is known about the income dynamics and retirement in Britain, in part because of a lack of data. The information is of some topical interest given the growing number of elderly people, the trend towards earlier retirement, the decline in the value of the basic state pension and the...
Persistent link: https://www.econbiz.de/10010331634
We model the dynamics of social assistance benefit receipt in Britain using data from the British Household Panel Survey, waves 1-15. First, we discuss definitions of social assistance benefit receipt, and present information about the trends between 1991 and 2005 in the receipt of social...
Persistent link: https://www.econbiz.de/10010331640
We propose a framework for comparing the relationship between poverty and personal characteristics across countries (or across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the 1990s. The higher aggregate poverty rates in the...
Persistent link: https://www.econbiz.de/10010331646