Bandyopadhyay, Sanghamitra and Cowell, Frank (2006) Vulnerable households and variable incomes. 79. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.
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In this paper we examine the concept of "vulnerability" within the context of income mobility of the poor. We test for the dynamics of vulnerable households in the UK usingWaves 1 - 12 of the British Household Panel Study and find that, of three different types of risks that we test for, household-specific shocks and economy-wide aggregate shocks have the greatest impact on consumption, in comparison to shocks to the income stream.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2006 Sanghamitra Bandyopadhyay and Frank Cowell|
|Library of Congress subject classification:||H Social Sciences > H Social Sciences (General)|
|Sets:||Collections > Economists Online
Departments > Economics
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
|Date Deposited:||21 Aug 2007|
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