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Household Economy

Bibliographic Data

ID23737441
AuthorsLaura Lein (University of Michigan), Amanda Tillotson (University of Michigan)
Year2015
Pages1-11
Publication date2015-05-15
Peer ReviewedYes
Open AccessYes
TypeOTHER
VenueEmerging Trends in the Social and Behavioral Sciences (JOURNAL)
PublisherWiley (PUBLISHER • GB)
DOI10.1002/9781118900772.etrds0166
OpenAlexW4251867405
ISBN9781118900772
LanguageEN
References cited21

Debates about poverty—the nature of poverty, the measurement of poverty, and appropriate responses to poverty—are at the core of a great deal of research, policy debate, and political discussion. Since the 1950s the prevalence of poverty in the United States has been measured against a national poverty income line that is recalculated every year. A great deal of poverty research concentrates on income levels: how these are assessed, and their implications for family and individual well‐being. Furthermore, access to a number of poverty programs is based on the poverty line or a related measure of income. At the same time, there is increasing interest and debate concerning the construction and meaning of household expenditures—in particular, how poverty households undertake spending. While the discussion of budgets is just one part of a much larger literature on household economy, the study of household budgets and expenditures, particularly for low‐income families, illuminates how poverty incomes affect families, and how families in a consumer society cope with the implications of their low income. Key questions include the following: Can households meet basic expenditures on poverty incomes? Are US households in poverty able to support their basic needs, and, if not, what is that gap between income and expenditure? Do poverty incomes subject households to material hardship, and, if so, what are the experiences of hardship? To what extent overall does material hardship mark family life in the United States? Along what dimensions do the expenditures of low‐income families vary? How do regional differences, different household needs, and other factors put pressures on impoverished US families?

Basic needs · Culture of poverty · Demographic economics · Development economics · Economic growth · Economics · Geography · Household income · Poverty · Poverty threshold · Food Security and Health in Diverse Populations · Gender, Labor, and Family Dynamics · Income, Poverty, and Inequality

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Citation velocityhistorical
Highly citedNo

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