POVERTY, NON-WHITE POVERTY, AND THE SEN INDEX

This paper investigates the impact of economic growth, and more specifically robust economic growth along with other macroeconomic determinants, on poverty levels using both the U.S. official measure of poverty and an estimated time series of Sen indices of poverty. The results reveal that the perio...

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Bibliographic Details
Published in:The Review of income and wealth 2004-12, Vol.50 (4), p.543-559
Main Authors: Hoover, Gary A., Formby, John P., Kim, Hoseong
Format: Article
Language:English
Subjects:
Economic growth
Impact analysis
Income
Macroeconomics
Poverty
Studies
U.S.A
Wealth
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Summary:This paper investigates the impact of economic growth, and more specifically robust economic growth along with other macroeconomic determinants, on poverty levels using both the U.S. official measure of poverty and an estimated time series of Sen indices of poverty. The results reveal that the period of robust economic expansion that the U.S. economy experienced during the 1990s did not have a significant impact on poverty using either measure. In addition, we find that the impact of growth and other macro controls is dramatically different when a subset of the poverty population, namely non‐white poverty, is investigated. The percentage of households headed by women is shown to be a significant factor in examining poverty for this subgroup.
ISSN:0034-6586
1475-4991
DOI:10.1111/j.0034-6586.2004.00139.x