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Poverty And Assets In Belgium

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  • Karel Van den Bosch

Abstract

This paper discusses how to take assets into account in the measurement of poverty. First asset holdings of current income‐poor households are described. Second, the effects on the measured incidence of poverty of two methods to combine income and assets into a single index of economic resources are presented. Third, since the majority of income‐poor households do not have assets of much value except for their home, I reconsider the matter of the treatment of housing costs in the measurement of poverty. A method where poverty thresholds are adjusted according to home tenure status is favored, and results of this method are shown. Data are used from the Belgian Socio‐Economic Panel, wave 1992.

Suggested Citation

  • Karel Van den Bosch, 1998. "Poverty And Assets In Belgium," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(2), pages 215-228, June.
    • Handle: RePEc:bla:revinw:v:44:y:1998:i:2:p:215-228
    DOI: 10.1111/j.1475-4991.1998.tb00269.x
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    Cited by:

    1. David Gallusser & Matthias Krapf, 2022. "Joint Income-Wealth Inequality: Evidence from Lucerne Tax Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(1), pages 251-295, August.
    2. Masood, Sarwar Awan & Muhammad, Waqas & Amir, Aslam, 2012. "Multidimensional Measurement of Poverty in Pakistan," MPRA Paper 41532, University Library of Munich, Germany.
    3. Tim Rie & Ive Marx, 2013. "GINI Country Report: Growing Inequalities and their Impacts in Belgium," GINI Country Reports belgium, AIAS, Amsterdam Institute for Advanced Labour Studies.
    4. Francisco Azpitarte, 2014. "Measuring Poverty using both Income and Wealth: A Cross-Country Comparison between the U.S. and Spain," LWS Working papers 18, LIS Cross-National Data Center in Luxembourg.
    5. Masood Sarwar Awan & Muhammad Waqas & Muhammad Amir Aslam, 2015. "Multidimensional measurement of poverty in Pakistan: provincial analysis," Nóesis. Revista de Ciencias Sociales y Humanidades, Nóesis. Revista de Ciencias Sociales y Humanidades, vol. 24, pages 54-71, 48.
    6. Francisco Azpitarte, 2011. "Measurement and identification of asset-poor households: a cross-national comparison of Spain and the United Kingdom," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(1), pages 87-110, March.
    7. Francisco Azpitarte, 2008. "Measurement and Identification of Asset-Poor Households: A Cross-National Comparison of Spain and the United Kingdom," Working Papers 105, ECINEQ, Society for the Study of Economic Inequality.
    8. Sarah Kuypers & Ive Marx, 2018. "Estimation of Joint Income-Wealth Poverty: A Sensitivity Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(1), pages 117-137, February.
    9. Sarah Kuypers & Ive Marx, 2019. "The Truly Vulnerable: Integrating Wealth into the Measurement of Poverty and Social Policy Effectiveness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(1), pages 131-147, February.
    10. Lih-Shing Chan & Kee-Lee Chou, 2018. "A Survey of Asset Poverty Among Older Adults of Hong Kong," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(2), pages 605-622, July.
    11. Francisco Azpitarte, 2010. "Measuring Poverty Using Both Income and Wealth: An Empirical Comparison of Multidimensional Approaches Using Data for the U.S. and Spain," Economics Working Paper Archive wp_620, Levy Economics Institute.
    12. Francisco Azpitarte, 2014. "Measurement and Identification of Asset-Poor Households: A Cross-National Comparison of Spain and the United Kingdom," LWS Working papers 17, LIS Cross-National Data Center in Luxembourg.
    13. Kuypers, Sarah & Marx, Ive, 2016. "Estimation of Joint Income? Wealth Poverty: A Sensitivity Analysis," IZA Discussion Papers 10391, Institute of Labor Economics (IZA).
    14. Francisco Azpitarte, 2010. "Measuring poverty using both income and wealth: A cross-country comparison between the U.S. and Spain," Working Papers 153, ECINEQ, Society for the Study of Economic Inequality.
    15. Arnaud Lefranc & Nicolas Pistolesi & Alain Trannoy, 2008. "Inequality Of Opportunities Vs. Inequality Of Outcomes: Are Western Societies All Alike?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 54(4), pages 513-546, December.
    16. Manuela Deidda, 2015. "Economic Hardship, Housing Cost Burden and Tenure Status: Evidence from EU-SILC," Journal of Family and Economic Issues, Springer, vol. 36(4), pages 531-556, December.
    17. Dmitry Petrov & Marina Romaguera-de-la-Cruz, 2023. "Measuring economic insecurity with a joint income-wealth approach," Working Papers 637, ECINEQ, Society for the Study of Economic Inequality.

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