Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/94209 
Year of Publication: 
2014
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 634
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot identify any causes of poverty entry which are unambiguously associated with adaptation to poverty.
Subjects: 
income
poverty
subjective well-being
adaptation
SOEP
JEL: 
I31
D60
Document Type: 
Working Paper

Files in This Item:
File
Size
445.31 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.