Vulnerable Households and Variable Incomes

32 Pages Posted: 21 Feb 2008

See all articles by Sanghamitra Bandyopadhyay

Sanghamitra Bandyopadhyay

London School of Economics & Political Science (LSE) - Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)

Frank Cowell

London School of Economics & Political Science (LSE) - Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)

Date Written: February 2006

Abstract

In this paper we examine the concept of "vulnerability" within the context of incomemobility of the poor. We test for the dynamics of vulnerable households in the UKusing Waves 1 - 12 of the British Household Panel Study and find that, of threedifferent types of risks that we test for, household-specific shocks and economy-wideaggregate shocks have the greatest impact on consumption, in comparison to shocksto the income stream.

JEL Classification: H26, D82, D84, C72

Suggested Citation

Bandyopadhyay, Sanghamitra and Cowell, Frank A., Vulnerable Households and Variable Incomes (February 2006). LSE STICERD Research Paper No. 79. Available at SSRN: https://ssrn.com/abstract=1094871

Sanghamitra Bandyopadhyay (Contact Author)

London School of Economics & Political Science (LSE) - Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) ( email )

Houghton Street
London WC2A 2AE
United Kingdom

Frank A. Cowell

London School of Economics & Political Science (LSE) - Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) ( email )

Houghton Street
London WC2A 2AE
United Kingdom
+44 (0)171-955 7277 (Phone)
+44 (0)171-242 2357 (Fax)

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