Arbeitspapier

Poverty profiles and well-being: Panel evidence from Germany

We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty persistence reduces well-being. These effects differ by population subgroups.

Sprache
Englisch

Erschienen in
Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 739

Klassifikation
Wirtschaft
General Welfare; Well-Being
Measurement and Analysis of Poverty
Welfare Economics: General
Thema
income
poverty
subjective well-being
SOEP

Ereignis
Geistige Schöpfung
(wer)
Clark, Andrew E.
D'Ambrosio, Conchita
Ghislandi, Simone
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2015

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Clark, Andrew E.
  • D'Ambrosio, Conchita
  • Ghislandi, Simone
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2015

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