Why are Households that Report the Lowest Incomes So Well-off
Datos Bibliográficos
| ID | 9707900 |
|---|---|
| Autores | Mike Brewer (0000-0003-0759-0384, University of Essex Institute for Fiscal Studies), Ben Etheridge (0000-0003-1425-7184, University of Essex), Cormac O’Dea (0000-0002-1083-1495, Institute for Fiscal Studies) |
| Año | 2017 |
| Volumen | 127 |
| Número | 605 |
| Páginas | F24-F49 |
| Fecha de publicación | 2017-10-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12334 |
| OpenAlex | W2129495217 |
| Idioma | EN |
| Citas recibidas | 25 |
| Referencias citadas | 35 |
We document that households in the UK with extremely low measured income tend to spend much more than those with merely moderately low income. This phenomenon is evident throughout three decades worth of microdata and across different employment states, levels of education and marital statuses. Of the likely explanations, we provide several arguments that discount over‐reporting of expenditure and argue that under‐reporting of income plays the major role. In particular, by using a dynamic model of consumption and saving, and paying special attention to poverty dynamics, we show that consumption smoothing cannot explain all the apparent dissaving
Consumption (sociology · Consumption smoothing · Demographic economics · Economic growth · Economics · Labour economics · Life-cycle hypothesis · Macroeconomics · Marital status · Microdata (statistics · Permanent income hypothesis · Phenomenon · Population · Poverty · Sociology · Unemployment · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Income, Poverty, and Inequality
Coase Lecture—Human Capital, Inequality and Tax Reform
Two Decades of Income Inequality in Britain
Natural disasters and well-being in India
Using assets as resilience capacities for stabilizing food demand of vulnerable households
Threshold Effect of Financial Inclusion on Poverty Reduction in Africa
The Use and Misuse of Income Data and Extreme Poverty in the United States
Misreporting of program take-up in survey data and its consequences for measuring non-take-up
Inequality imbalance and its orderings based on relative and positional transfer sensitivity principles
Relationship between Remittance and Household Expenditure in Benin
Healthcare utilization and catastrophic health expenditure in rural Tanzania
Estimating tax noncompliance among the self-employed—evidence from pleasure boat registers
Take-up of social security benefits
Capturing the neglected extremes of UK poverty
Is there a link between low parental income and childhood obesity
The Distinctive Nature and Effects of Deep Poverty
What's the Relationship Between Inequities in Education Costs and Housing Costs? Households in Three Liberal Welfare Regimes Compared
Income in epidemiological research
Many Kinds of Poverty
A Cautionary Tale of Using Data From the Tail
For Whom Money Matters Less
The large family penalty in Italy
Early-life impairments, chronic health conditions, and income mobility
Who counts in poverty research
A Register-Based Study of Early-Life Disabilities and Income Attainment in Adulthood
Plumbing the Depths
Has Consumption Inequality Mirrored Income Inequality?
Measurement Error in Survey Data
The use of time series processes to model the error structure of earnings in a longitudinal data analysis
The Under-Reporting of Transfers in Household Surveys
Measuring the Well-Being of the Poor Using Income and Consumption
Consumption Over the Life Cycle
Modelling low income transitions
Changing Fortunes
The Effects of Male and Female Labor Supply on Commodity Demands
Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)
Can Permanent-Income Theory Explain Cross-Sectional Consumption Patterns
Are Household Surveys Like Tax Forms? Evidence from Income Underreporting of the Self-Employed
Reconciliation of income and consumption data in poverty measurement
Using Household Expenditure to Develop an Income Poverty Line
Consumption versus Expenditure
Gaining Ground
| Obras citantes distintas | 25 |
|---|---|
| Citas por año | 2,27 |
| Intervalo de citas | 2015 - 2026 (12) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 23 |