Measuring Poverty in the NLSY97
Using data from the NLSY97, we construct two measures of poverty using the official definition and The National Research Council (NRC) definition. We estimate the two poverty rates for 1996 for youths 12-16 as 17.9 (official) and 23.4 (NRC), and document the discrepancies between youths considered in poverty under the two measures. We also explore the influence of poverty on youths' outcomes using the official and NRC measures of poverty. The paper shows that the prevalence of poverty and its measured consequences are affected by the way we measure poverty.
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|Date of creation:||28 Nov 2000|
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