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POVERTY AND ASSETS IN BELGIUM
Author(s) -
Bosch Karel
Publication year - 1998
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1998.tb00269.x
Subject(s) - poverty , economics , index (typography) , asset (computer security) , panel data , demographic economics , development economics , labour economics , economic growth , econometrics , world wide web , computer science , computer security
This paper discusses how to take assets into account in the measurement of poverty. First asset holdings of current income‐poor households are described. Second, the effects on the measured incidence of poverty of two methods to combine income and assets into a single index of economic resources are presented. Third, since the majority of income‐poor households do not have assets of much value except for their home, I reconsider the matter of the treatment of housing costs in the measurement of poverty. A method where poverty thresholds are adjusted according to home tenure status is favored, and results of this method are shown. Data are used from the Belgian Socio‐Economic Panel, wave 1992.