WHY ARE HOUSEHOLDS THAT REPORT THE LOWEST INCOMES SO WELL-OFF?
WHY ARE HOUSEHOLDS THAT REPORT THE LOWEST INCOMES SO WELL-OFF?
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DOI：
10.1111/ecoj.12334
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发表时间：
2017-10-01
期刊：
影响因子：
3.2
通讯作者：
O'Dea, Cormac
中科院分区：
文献类型：
--
作者：
Brewer, Mike;Etheridge, Ben;O'Dea, Cormac
我们的文件表明，在英国的家庭与极低的测量收入往往比那些只是适度低收入的花费更多。这一现象在三十年的微观数据中以及在不同的就业状态、教育水平和婚姻状况中都很明显。在可能的解释中，我们提供了几个论点，认为低估了多报支出，并认为少报收入起着主要作用。特别是，通过使用消费和储蓄的动态模型，并特别注意贫困的动态，我们表明，消费平滑不能解释所有明显的储蓄不足。
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.