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Experimental Measures of Poverty and Net Worth: 1996

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  • Kathleen Short
  • Patricia Ruggles

Abstract

The National Academy of Sciences report on poverty measurement recommended changes to the official measure of poverty in the USA. That report from a panel of experts suggested that it is important to examine the relationship between asset ownership in relation to poverty status. This paper suggests that debt is also an important determinant of economic well-being. While spending down assets can enhance income to make ends meet, servicing debt can be a drain on family income that would otherwise be sufficient to purchase basic necessities. This paper uses data from the 1996 panel of the Survey of Income and Program Participation to examine these issues.

Suggested Citation

  • Kathleen Short & Patricia Ruggles, 2005. "Experimental Measures of Poverty and Net Worth: 1996," Journal of Income Distribution, Ad libros publications inc., vol. 13(3-4), pages 1-1, November.
    • Handle: RePEc:jid:journl:y:2005:v:13:i:3-4:p:1-1
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    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/1305
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    Citations

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    Cited by:

    1. David Gallusser & Matthias Krapf, 2022. "Joint Income-Wealth Inequality: Evidence from Lucerne Tax Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(1), pages 251-295, August.
    2. Andrea Brandolini & Silvia Magri & Timothy M. Smeeding, 2010. "Asset-based measurement of poverty," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 29(2), pages 267-284.
    3. Jun-Hong Chen & Chi-Fang Wu & Minchao Jin, 2023. "How are Income and Assets Associated with Food Insecurity? An Application of the Growth Mixture Modeling," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 165(3), pages 959-973, February.
    4. Sarah Kuypers & Ive Marx, 2018. "Estimation of Joint Income-Wealth Poverty: A Sensitivity Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(1), pages 117-137, February.
    5. Yunju Nam & Yungsoo Lee & Shawn McMahon & Michael Sherraden, 2016. "New Measures of Economic Security and Development: Savings Goals for Short- and Long-Term Economic Needs," Journal of Consumer Affairs, Wiley Blackwell, vol. 50(3), pages 611-637, November.
    6. Kuypers, Sarah & Marx, Ive, 2016. "Estimation of Joint Income? Wealth Poverty: A Sensitivity Analysis," IZA Discussion Papers 10391, Institute of Labor Economics (IZA).
    7. Jun-Hong Chen & Chieh-Hsun Huang & Chi-Fang Wu & Melissa Jonson-Reid & Brett Drake, 2024. "The Application of Family Stress Model to Investigating Adolescent Problematic Behaviors: The Moderating Role of Assets," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 174-183, March.
    8. Francisco Azpitarte & Gaston Yalonetzky, 2023. "The measurement of asset and wealth poverty," Chapters, in: Jacques Silber (ed.), Research Handbook on Measuring Poverty and Deprivation, chapter 38, pages 410-419, Edward Elgar Publishing.
    9. Netta Achdut & Lea Achdut, 2022. "Joint Income-Wealth Poverty in a Cross-National Perspective: The Role of Country-Level Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 499-541, November.
    10. Dmitry Petrov & Marina Romaguera-de-la-Cruz, 2023. "Measuring economic insecurity with a joint income-wealth approach," Working Papers 637, ECINEQ, Society for the Study of Economic Inequality.

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