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Poverty dynamics corrected for measurement error

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Author Info
Richard Breen
Pasi Moisio
Abstract

We use latent class models to correct measurement error in estimates of the dynamics of relative income poverty in ten EU countries measured over four waves of the European Community Household Panel. A latent mover-stayer Markov model gives an acceptable fit to all ten transition tables. We focus in more detail on four countries – Denmark, the Netherlands, Italy and the UK – and show that mobility in poverty transition tables is over-estimated by between 25 and 50 percent if measurement error is ignored. In addition, once error is corrected, poverty rates show less cross-national variation. Copyright Kluwer Academic Publishers 2004

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File URL: http://hdl.handle.net/10.1007/s10888-004-3227-9
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Publisher Info
Article provided by Springer in its journal The Journal of Economic Inequality.

Volume (Year): 2 (2004)
Issue (Month): 3 (July)
Pages: 171-191
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Handle: RePEc:kap:jecinq:v:2:y:2004:i:3:p:171-191

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Web page: http://springerlink.metapress.com/link.asp?id=111137

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Related research
Keywords: income poverty poverty dynamics measurement error latent class models

Cited by:
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  1. Francesco Devicienti & Valentina Gualtieri, 2007. "The Dynamics and Persistence of Poverty: Evidence from Italy," LABORatorio R. Revelli Working Papers Series 63, LABORatorio R. Revelli, Centre for Employment Studies. [Downloadable!]
  2. Riccardo Massari, 2005. "A Measure of Welfare Based on Permanent Income Hypothesis: An Application on Italian Households Budgets," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 64(1), pages 55-92, September. [Downloadable!]
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This page was last updated on 2008-8-11.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.