Time and income poverty

1 January 2009 administrator

Working Paper 2009-126

Abstract

Income as the traditional one dimensional measure in well-being and poverty analyses is extended in recent studies by a multidimensional poverty concept, however, two important aspects are missing: time as an important dimension and the interdependence of the often only separately counted multiple poverty dimensions.

Authors: Joachim Merz , Tim Rathjen.

Keywords: Interdependent multidimensional time and income poverty, time and income substitution, extended economic well-being, satisfaction, CES utility function estimation, working poor, German Socio-Economic Panel, German Time Use Surveys 2001/02.

JEL: D31, D13, J22.

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