Article (Scientific journals)
Poverty Profiles and Well-Being: Panel Evidence from Germany
D'Ambrosio, Conchita; Clark, Andrew; Ghislandi, Simone
2015In Research on Economic Inequality, 23, p. 1-22
Peer reviewed
 

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Keywords :
Income; Poverty; Subjective well-being
Abstract :
[en] We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty persistence reduces well-being. These effects differ by population subgroups.
Disciplines :
Social economics
Author, co-author :
D'Ambrosio, Conchita ;  University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Integrative Research Unit: Social and Individual Development (INSIDE)
Clark, Andrew;  PSE, CNRS
Ghislandi, Simone;  Bocconi University
External co-authors :
yes
Language :
English
Title :
Poverty Profiles and Well-Being: Panel Evidence from Germany
Publication date :
2015
Journal title :
Research on Economic Inequality
ISSN :
1049-2585
Publisher :
Emerald Group Publishing Limited
Volume :
23
Pages :
1-22
Peer reviewed :
Peer reviewed
Name of the research project :
R-STR-3064-00 > PEARL-Inst Socio-Economic Inequality > 01/01/2014 - 19/01/2048 > CHAUVEL Louis
Funders :
FNR - Fonds National de la Recherche [LU]
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