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
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 8656

Classification
Wirtschaft
General Welfare; Well-Being
Welfare Economics: General
Subject
income
poverty
subjective well-being
adaptation
SOEP

Event
Geistige Schöpfung
(who)
Clark, Andrew E.
D'Ambrosio, Conchita
Ghislandi, Simone
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Clark, Andrew E.
  • D'Ambrosio, Conchita
  • Ghislandi, Simone
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2014

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