Highlights 76A

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چکیده

We study the level and severity of asset poverty, the characteristics of asset-poor households, the trends and persistence of asset poverty, and the role of major lifetime events affecting transitions in and out of asset poverty. We find that, contrary to a sharp decline in the official measure of poverty, which is based on income, the asset poverty rate barely changed over the 1984–99 period and the severity of poverty increased, despite economic growth and a booming stock market.

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Highlights 76A

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تاریخ انتشار 2004