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Household spending in Britain - What can it teach us about poverty? (Paperback, New)
Loot Price: R531
Discovery Miles 5 310
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Household spending in Britain - What can it teach us about poverty? (Paperback, New)
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Loot Price R531
Discovery Miles 5 310
Expected to ship within 10 - 15 working days
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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 trends in poverty in Britain since the 1970s when
household expenditure is used as a measure of financial well-being,
rather than household income and investigates how using spending,
rather than income, as a measure of well-being alters our view of
who is poor. It examines the spending levels of the lowest-income
households and analyses whether low-income pensioners' spending on
basic and non-basic items increased as a result of the large
increases in entitlements to means-tested benefits since 1999. The
research will be of interest to civil servant policy-makers,
academics and researchers working on poverty issues, and other
groups with an interest in anti-poverty policies.
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