Chapter

Poverty Dynamics and How They Have Changed over Time

Stephen P. Jenkins

in Changing Fortunes

Published in print July 2011 | ISBN: 9780199226436
Published online September 2011 | e-ISBN: 9780191728457 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199226436.003.0008
Poverty Dynamics and How They Have Changed over Time

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This chapter examines poverty dynamics in Britain from several perspectives: the number of years that people are poor over an interval of fixed length, the extent to which people's longitudinally averaged incomes are below the poverty line (chronic versus transitory poverty), plus annual transition rate and spell-based approaches. Although around a fifth of the population are poor in any given year, over a longer period many more of the population are touched by poverty. Persistent poverty, however it is defined, is experienced by a relatively small minority of individuals. Moreover, its prevalence has declined over time, especially for families with children and for single pensioners. It is suggested that these trends reflect the impacts of the changes in the tax-benefit system and the labour market.

Keywords: poverty dynamics; persistent poverty; chronic poverty; poverty spell; poverty transition rate

Chapter.  13254 words.  Illustrated.

Subjects: Financial Markets

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