Reference : Adaptation to Poverty in Long-Run Panel Data
Scientific journals : Article
Business & economic sciences : Social economics
http://hdl.handle.net/10993/20107
Adaptation to Poverty in Long-Run Panel Data
English
D'Ambrosio, Conchita mailto [University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Integrative Research Unit: Social and Individual Development (INSIDE) >]
Clark, Andrew mailto []
Ghislandi, Simone mailto []
2016
Review of Economics and Statistics
MIT Press
98
591-600
Yes (verified by ORBilu)
International
0034-6535
1530-9142
[en] Income ; Poverty ; Subjective well-being
[en] 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.
http://hdl.handle.net/10993/20107

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