Does Income Poverty Last Over Time? Evidence from Longitudinal Data
Abstract:Less than one third of people with income of less than half of median income are persistently in that condition over a three‐year period, but only a small share of them move into higher strata of the distribution. Entries into poverty mainly reflect family‐ and job‐related events, but the share of unidentified events is also important. Countries with higher poverty headcounts based on static income measures also record higher rates of persistent and recurrent poverty.
Document Type: Review Article
Publication date: October 1, 2008