Publication type
Conference Paper
Series
Royal Economic Society Conference
Authors
Publication date
April 11, 2001
Abstract:
We estimate a first-order Markov model of poverty persistence and entry rates for working-age Britons and demonstrate the importance of controlling for endogenous selection via initial poverty status and attrition. Predicted poverty transition rates reveal substantial heterogeneity in poverty transition rates, but there is also substantial genuine state dependence in poverty.
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