Poverty Profiles and Well-Being: Panel Evidence from Germany

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in SOEPpapers on Multidisciplinary Panel Data Research at DIW BerlinThis series presents research findings based either directly on data from the German SocioEconomic Panel study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science.The decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly.Any opinions expressed in this series are those of the author(s) and not those of DIW Berlin.Research disseminated by DIW Berlin may include views on public policy issues, but the institute itself takes no institutional policy positions. This version: February 2015 AbstractWe consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars:those who have been poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty persistence reduces well-being. These effects differ by population subgroups.

Capability Deprivation and Life Satisfaction. Evidence from German Panel Data

“…Powdthavee (2009) provides evidence that we adapt to mild forms of disabilities, whereas we fail to adapt to serious ones. Recently, Clark, D'Ambrosio, and Ghislandi (2013) analyze adaptation to conventional income poverty, finding no evidence in favor of adaptation.…”

Are adversities and worries during the COVID-19 pandemic related to sleep quality? Longitudinal analyses of 46,000 UK adults

“…More specifically, there are concerns that adversities experienced during the pandemic will have persisting impacts on physical and mental health [17,18]. Studies suggest that intimate partner violence [19] and socio-economic adversities such as poverty [20], job loss [21], economic recession [22,23], and job insecurity [24], can have lasting impacts on mortality and physical and mental health outcomes. Moreover, it is not just the experience of these stressors, but also worries about the potential experience of these stressors, that can affect health, increasing levels of stress and impacting depression and wellbeing [25,26], as well as affecting physical outcomes such as cardiovascular health [27].…”

Social Exclusion and Mental Wellbeing in Older Romanians

“…Exclusion from material and financial resources is strongly related to wellbeing in later life. Effects may be stronger when experienced over longer periods, despite some evidence that older adults can adapt to a lower level of financial resources (Clark, D'Ambrosio, & Ghislandi, 2015). Material disadvantage tends to accumulate over the life course through socio-economic correlates and life events (Price, 2006).…”