Projets par an
Résumé
An individual's economic ill fare can be assessed both objectively, looking at one's income with reference to a poverty line, or subjectively, on the basis of the individual's perceived experience of financial difficulties. Although these are distinct perspectives, income poverty and perceptions of financial difficulties are likely to be interrelated. Low income (especially if it persists) is likely to negatively affect perceptions of financial difficulties and, as recently suggested by the behavioural economics literature, (past) subjective sentiment may in return influence individual's income generating ability and poverty status. The aim of this paper is to determine the extent of these dynamic cross-effects between both processes. Using Luxembourg survey data, our main result highlights the existence of a feedback effect from past perceived financial difficulties on current income poverty suggesting that subjective perceptions can have objective effects on an individual's behaviour and outcomes.
langue originale | Anglais |
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Pages (de - à) | 103-114 |
Nombre de pages | 0 |
journal | Journal of Economic Psychology |
Volume | 61 |
Les DOIs | |
état | Publié - 1 janv. 2017 |
Projets
- 1 Terminé
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PersiPov: The Dynamics and Persistence of Poverty in Luxembourg
Fusco, A. (PI), Ray, J.-C. (Non Contracting Partner), Islam, N. (CoI), Kyzyma, I. (CoI), Van Kerm, P. (CoI), Reinstadler, A. (CoI), Ayllón, S. (CoI) & Silber, J. (CoI)
1/02/11 → 31/01/14
Projet: Recherche
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Household size and poverty
Fusco, A. & Islam, N., 26 nov. 2020, Dans: Research on Economic Inequality. 28, p. 151-177Résultats de recherche: Contribution à un journal › Article › Revue par des pairs
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Are income poverty and perceptions of financial difficulties dynamically interrelated?
Ayllon, S. & Fusco, A., 2016, LISER, 24 p. (Working Papers; Numéro 2016-05).Résultats de recherche: Papier de travail › Working paper
Accès ouvertFile -
The Dynamics of Perceived Financial Difficulties.
Fusco, A., 1 janv. 2016, Dans: Journal of Happiness Studies. 17, p. 1599-1614Résultats de recherche: Contribution à un journal › Article › Revue par des pairs
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Relationships between poverty and the number of children of various ages: An interpretation in terms of family policies.
Ray, J.-C. & Reinstadler, A., 2014, Invisible social security revisited: Essays in Honour of Jos Berghman. Lannoo Publishers, p. 203-214Résultats de recherche: Le chapitre dans un livre, un rapport, une anthologie ou une collection › Chapter › Revue par des pairs