Chronic and Transitory Poverty over the Life Cycle
AbstractThis study estimates chronic and transitory rates of poverty in Australia using the concept of permanent income and longitudinal data covering the period July 2001 through June 2007. We sketch a picture of chronic and transitory poverty over the life cycle by decomposing the poverty rate for the entire population into poverty rates for age categories that range from childhood, through adulthood, to old age. The measure of household income that underlies our poverty rates includes imputed rent on owner-occupied, public and rent-free housing, which has a large influence on measured poverty, particularly among older members of the population. We also document changes in chronic and transitory poverty from the period July 2001-June 2004 to the period July 2004-June 2007 and use a jack-knife procedure to test their statistical significance.
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Bibliographic InfoArticle provided by Bankwest Curtin Economics Centre (BCEC), Curtin Business School in its journal Australian Journal of Labour Economics (AJLE).
Volume (Year): 13 (2010)
Issue (Month): 2 ()
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Postal: GPO Box U1987, Perth WA 6845
Web page: http://business.curtin.edu.au/research/publications/journals/ajle/
More information through EDIRC
Measurement and Analysis of Poverty Welfare and Poverty: Government Programs; Provision and Effects of Welfare Programs Welfare and Poverty: Other;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- I39 - Health, Education, and Welfare - - Welfare and Poverty - - - Other
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- Rafal Chomik & John Piggott, 2012. "Pensions, Ageing and Retirement in Australia: Long-Term Projections and Policies," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 45(3), pages 350-361, 09.
- Osnat Israeli & Michal Weber, 2011. "On the contribution of the three I's of poverty to chronic and transitory poverty," Economics Bulletin, AccessEcon, vol. 31(2), pages 1496-1508.
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