Publication type
ISER Working Paper Series
Series Number
2008-24
Series
ISER Working Paper Series
Author
Publication date
August 8, 2008
Abstract:
Based upon a longitudinal administrative dataset merged with the Socio-economic
Survey of 2001 and the National Register, the majority of the poor elderly in Belgium
appear to be persistently poor. The simultaneous estimation of a multiple, spell discrete,
time hazard model shows that dependence in poverty is a true phenomenon. It also shows that besides observable characteristics that reduce poverty exit and increase re-entry there are, in addition, unobserved effects that lead to the same kind of poverty persistence. Controlling for unobserved effects and an initial condition problem significantly improved the fit of the model.
Subjects
Notes
working paper
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