Calendrier du 18 octobre 2022
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 18/10/2022 de 17:00 à 18:00
R1.13
CHERITEL Côme (PSE)
Robust integration of (physical) uncertainty into climate policies
Paris Trade Seminar
Du 18/10/2022 de 14:45 à 16:15
Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
RUZIC Dimitrije (INSEAD)
Factor-Biased Outsourcing: Implications for Capital-Labor Substitution
Applied Economics Lunch Seminar
Du 18/10/2022 de 12:30 à 13:30
Salle R1.09, Campus Jourdan
RICHARD Marion (PSE)
Who Feels Poor? Transitions into Poverty and Subjective Well-Being
Identifying who is poor with the help of meaningful poverty lines is of major interest from a public policy perspective. Yet, the level of monetary poverty line at 60% used by most OECD countries is never discussed. Using detailed panel administrative data for France, I question the level of this threshold by comparing the income trajectories of households to the evolution of their well-being, and I find that individuals’ satisfaction is not affected by transitions into poverty at 60% of the median income. I show that falling below 80% of the median income leads to a significant drop in satisfaction for respondents, thus making this threshold a subjective line of poverty. Extending the analysis to a set of countries, I find the same result for Australian households, but not for British and German households, whose well-being exhibits a different profile around negative income shocks.