Skip to main content
Back to Top

In and out of poverty: Episodic poverty and income volatility in the US financial diaries

Date Added to Library: 
Monday, May 13, 2019 - 10:47
Priority: 
normal
Individual Author: 
Morduch, Jonathan
Siwicki, Julie
Reference Type: 
Published Date: 
September 2017
Published Date (Text): 
September 2017
Publication: 
Social Service Review
Volume: 
91
Issue Number: 
3
Page Range: 
390-412
Year: 
2017
Language(s): 
Abstract: 

We use data from the US Financial Diaries study to relate episodic poverty to intrayear income volatility and to the availability of government transfers. The US Financial Diaries data track a continuous year’s worth of month-to-month income for 235 low- and moderate-income households, each with at least one employed member, in four regions in the United States. The data provide an unusually granular view of household financial transactions, allowing the documentation of episodic poverty and the attribution of a large share of it to fluctuations in earnings within jobs. For households with annual income greater than 150 percent of the poverty line, smoothing within-job income variability reduces the incidence of episodic poverty by roughly half. We decompose how month-to-month income volatility responds to the receipt of eight types of public or private transfers. The transfers assist households mainly by raising the mean of income rather than by dampening intrayear income variability. (Author abstract)

 

Page Count: 
33
Share/Save

The SSRC is here to help you! Do you need more information on this record?

If you are unable to access the full-text of the article from the Public URL provided, please email our Librarians for assistance at ssrc@opressrc.org.

In addition to the information on this record provided by the SSRC, you may be able to use the following options to find an electronic copy from an online subscription service or your local library:

  • Worldcat to find an electronic copy from an online subscription service
  • Google Scholar to discover other full text options