Do the 'Working Poor' Stay Poor? An Analysis of Low Pay Transitions in Italy
Abstract
This paper uses survey panel data to look at transition probabilities at the bottom of the Italian earnings distribution. The econometric analysis is characterized by a proper treatment of the initial conditions problem and by the investigation of genuine state dependence, the extent with which low pay probabilities depend upon the past experience of low pay other things equal. Results indicate that initial conditions are endogenous and that genuine state dependence can be relevant in determining low pay persistence. On the other hand, individual attributes are found to affect on transition probabilities, although to a limited extent. Copyright 2002 by Blackwell Publishing LtdDownload Info
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Bibliographic Info
Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 64 (2002)
Issue (Month): 2 (May)
Pages: 87-110
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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