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Trends in Financial Poverty in OECD Countries

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  • Karel van den Bosch
  • Ive Marx

Abstract

This paper investigates trends in financial poverty in OECD countries by asking the following questions: 1) Have overall levels of poverty increased, decreased or remained stable? 2) Has the incidence of poverty shifted from certain demographic groups to others? 3) How has the social income transfer system coped in its task of protecting people from poverty? The main conclusions are as follows. Sharply rising trends in poverty were found in only two countries, while modest increases in poverty were measured in several countries. In a number of other countries, relative poverty has remained stable, or has even declined. Sharp falls in absolute poverty are found in several countries. There is evidence of a shift of poverty from the elderly to families with children. The study found no evidence that the impact of social security transfers on the extent of poverty has diminished.

Suggested Citation

  • Karel van den Bosch & Ive Marx, 1996. "Trends in Financial Poverty in OECD Countries," LIS Working papers 148, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:148
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    References listed on IDEAS

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    1. Van den Bosch, Karel & Callan, Tim & Estivill, Jordi & Hausman, Piette & Jeandidier, Bruno & Muffels, Ruud & Yfantopoulos, John, 1993. "A Comparison of Poverty in Seven European Countries and Regions Using Subjective and Relative Measures," Journal of Population Economics, Springer;European Society for Population Economics, vol. 6(3), pages 235-259.
    2. Callan, Tim & Nolan, Brian, 1991. "Concepts of Poverty and the Poverty Line," Journal of Economic Surveys, Wiley Blackwell, vol. 5(3), pages 243-261.
    3. Slesnick, Daniel T, 1993. "Gaining Ground: Poverty in the Postwar United States," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 1-38, February.
    4. Veli-Matti Ritakallio, 1994. "Finnish Poverty: A Cross-National Comparison," LIS Working papers 119, LIS Cross-National Data Center in Luxembourg.
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    Cited by:

    1. David Jesuit & Douglas Roscoe & Vincent Mahler, 1997. "Exploring the Impact of Trade and Investment on Income Inequality: A Cross-National Sectoral Analysis of the Developed Market Economy Countries," LIS Working papers 159, LIS Cross-National Data Center in Luxembourg.
    2. Gornick, Janet C. & Jäntti, Markus, 2012. "Child poverty in cross-national perspective: Lessons from the Luxembourg Income Study," Children and Youth Services Review, Elsevier, vol. 34(3), pages 558-568.
    3. Bäckman, Olof, 2005. "Welfare States, Social Structure and the Dynamics of Poverty Rates. A comparative study of 16 countries, 1980-2000," Arbetsrapport 2005:7, Institute for Futures Studies.
    4. Olof Bäckman, 2005. "Welfare States, Social Structure and the Dynamics of Poverty Rates: A Comparative Study of 16 Countries, 1980-2000," LIS Working papers 408, LIS Cross-National Data Center in Luxembourg.
    5. Kenneth Nelson, 2004. "The Formation of Minimum Income Protection," LIS Working papers 373, LIS Cross-National Data Center in Luxembourg.
    6. Markus Jäntti & Janet Gornick, 2011. "Child Poverty in Comparative Perspective: Assessing the Role of Family Structure and Parental Education and Employment," LIS Working papers 570, LIS Cross-National Data Center in Luxembourg.
    7. François Rycx & Robert Plasman, 2001. "Collective bargaining and poverty: a cross-national perspective," ULB Institutional Repository 2013/795, ULB -- Universite Libre de Bruxelles.
    8. Whitehouse, Edward, 2000. "How Poor are the Old? A Survey of Evidence from 44 Countries," MPRA Paper 14177, University Library of Munich, Germany.
    9. Markus Jäntti & Janet Gornick, 2009. "Child Poverty in Upper-Income Countries: Lessons from the Luxembourg Income Study," LIS Working papers 509, LIS Cross-National Data Center in Luxembourg.

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