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. Copyright Royal Economic Society 2002.
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Article provided by Royal Economic Society in its journal Economic Journal.
Volume (Year): 112 (2002) Issue (Month): 478 (March) Pages: C60-C67 Download reference. The following formats are available: HTML
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Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000.
"Unemployment Persistence,"
Oxford Economic Papers,
Oxford University Press, vol. 52(1), pages 24-50, January.
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