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Modelling household income dynamics

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Family, Household and Work

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Abstract

This paper is about income and poverty dynamics and their socioeconomic correlates. The first half of the paper aims to establish some of the salient facts for Britain, applying the pioneering methods of Bane and Ellwood (1986). Important for poverty dynamics are changes in labour earnings from persons other than the household head, changes in non-labour income (including benefits), and changes in household composition, in addition to changes in the heads’ labour earnings. The second half of the paper is a review and critique of the multivariate modelling frameworks which might be used to explain and forecast these salient facts for Britain or elsewhere.

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© 2003 Springer-Verlag Berlin Heidelberg

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Jenkins, S.P. (2003). Modelling household income dynamics. In: Zimmermann, K.F., Vogler, M. (eds) Family, Household and Work. Population Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-55573-2_7

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  • DOI: https://doi.org/10.1007/978-3-642-55573-2_7

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-62439-1

  • Online ISBN: 978-3-642-55573-2

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