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The Persistence of Poverty in Britain: Evidence from Patterns in Intergenerational Mobility

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Author Info

  • Donal O'Neill;

    ()

  • Olive Sweetman

    ()

Abstract

the persistence of poverty remains a major concern of policy makers. Despite this concern there has been little empirical work examining the issue. In this paper we provide estimates of poverty persistence in the U.K. by examining the degree of intergenerational mobility. Our findings support the view that poverty is a culture that is transmitted across generations. Furthermore, we find that inherited endowments, such as ability, account for only a small fraction of this transfer. This suggests that government programs aimed at providing equal opportunities, such as equal access to education, have the potential to substantially reduce inequality.

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Bibliographic Info

Paper provided by Department of Economics, Finance and Accounting, National University of Ireland - Maynooth in its series Economics, Finance and Accounting Department Working Paper Series with number n611095.

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Length: 27 pages
Date of creation: 1995
Date of revision:
Handle: RePEc:may:mayecw:n611095

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Postal: Maynooth, Co. Kildare
Phone: 353-1-7083728
Fax: 353-1-7083934
Web page: http://economics.nuim.ie
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Related research

Keywords: Poverty; Economic Policy;

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Cited by:
  1. Shahin Yaqub, 2002. "'Poor children grow into poor adults': harmful mechanisms or over-deterministic theory?," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(8), pages 1081-1093.

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