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Modelling household income dynamics

Author

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  • Stephen P. Jenkins

    () (Institute for Social and Economic Research, University of Essex, Colchester CO4 3SQ, UK)

Abstract

This paper is about income and poverty dynamics and their socioeconomic correlates. The first half of the paper aims to establish some of the salient facts for Britain, applying the pioneering methods of Bane and Ellwood (1986). Important for poverty dynamics are changes in labour earnings from persons other than the household head, changes in non-labour income (including benefits), and changes in household composition, in addition to changes in the heads' labour earnings. The second half of the paper is a review and critique of the multivariate modelling frameworks which might be used to explain and forecast these salient facts for Britain or elsewhere.

Suggested Citation

  • Stephen P. Jenkins, 2000. "Modelling household income dynamics," Journal of Population Economics, Springer;European Society for Population Economics, vol. 13(4), pages 529-567.
  • Handle: RePEc:spr:jopoec:v:13:y:2000:i:4:p:529-567
    Note: Received: 7 January 1999/Accepted: 22 July 1999
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    More about this item

    Keywords

    Income dynamics; poverty dynamics; income distribution;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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