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Poverty Dynamics Among Young Americans

Author

Listed:
  • Burgess, Simon
  • Propper, Carol

Abstract

This paper characterizes the nature of poverty from a dynamic life-cycle perspective. Using panel data from the National Longitudinal Survey of Youth, we find that 40% of young Americans experienced at least one year of poverty, and most of these experienced one or two years. A significant group, by age 34, had suffered five or more years of poverty out of thirteen. The overall poverty rate of 12.9% for this sample averages these different life-cycle paths. We investigate poverty transition rates and find an average annual outflow rate of 40% and an inflow rate of 6%.

Suggested Citation

  • Burgess, Simon & Propper, Carol, 1996. "Poverty Dynamics Among Young Americans," CEPR Discussion Papers 1362, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:1362
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    More about this item

    Keywords

    Persistent Poverty; Poverty Dynamics;

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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