Arbeitspapier
Adaptation to Poverty in Long-Run Panel Data
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot identify any cause of poverty entry which explains the overall lack of poverty adaptation.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 8656
- Classification
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Wirtschaft
General Welfare; Well-Being
Welfare Economics: General
- Subject
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income
poverty
subjective well-being
adaptation
SOEP
- Event
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Geistige Schöpfung
- (who)
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Clark, Andrew E.
D'Ambrosio, Conchita
Ghislandi, Simone
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Clark, Andrew E.
- D'Ambrosio, Conchita
- Ghislandi, Simone
- Institute for the Study of Labor (IZA)
Time of origin
- 2014