Cookies?
Library Header Image
LSE Research Online LSE Library Services

Adaptation to poverty in long-run panel data

Clark, Andrew E., D’Ambrosio, Conchita and Ghislandi, Simone (2014) Adaptation to poverty in long-run panel data. CEP Discussion Papers (CEPDP1315). Centre for Economic Performance, London School of Economics and Political Science, London, UK.

[img]
Preview
PDF - Published Version
Download (298kB) | Preview

Abstract

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot identify any cause of poverty entry which explains the overall lack of poverty adaptation.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/_new/publications/series.asp?...
Additional Information: © 2014 The Authors
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: D - Microeconomics > D6 - Welfare Economics > D60 - General
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 06 Jan 2015 11:52
Last Modified: 13 Nov 2019 01:21
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/60608

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics