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Household spending in Britain: What can it teach us about poverty?

Mike Brewer, Alissa Goodman, Andrew Leicester




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 | #19646008 in Books |  2006-04-19 | Original language:English | PDF # 1 |  11.50 x8.25 x.25l,.0 | File type: PDF | 48 pages

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Much of the recent policy debate surrounding poverty in Britain focuses on income as a measure of living standards. In this report we consider one alternative to income for measuring poverty that has been largely overlooked in the mainstream poverty debate in the UK: namely household expenditure. Economic theory suggests that household expenditure is an important measure of financial well-being. Using 30 years of data from household surveys, this report shows the tr...

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