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Journal Article

Modelling low income transitions

Authors

Publication date

2004

Abstract

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a non-random sample) and for attrition (panel retention may also be non-random). The model estimates, derived from British panel data for the 1990s, indicate that there is substantial state dependence in poverty, separate from persistence induced by heterogeneity. We also provide estimates of low income transition rates and lengths of poverty and non-poverty spells for persons of different types.

Published in

Journal of Applied Econometrics

Volume and page numbers

19: 593-610 , 593 -610

Links

http://serlib0.essex.ac.uk/search/sjournal+of+applied+econometrics/sjournal+of+applied+econometrics/1%2C1%2C2%2CB/frameset&FF=sjournal+of+applied+econometrics&2%2C%2C2/indexsort=-

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*


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