Poverty trends during two recessions and two recoveries: Lessons from Sweden 1991—2013
2016 (English)In: IZA Journal of European Labor Studies, E-ISSN 2193-9012, Vol. 5, no 3Article in journal (Refereed) Published
We study cross-sectional and long-term poverty in Sweden over a period spanning two recessions, and discuss changes in the policy context. We find large increases in absolute poverty and deprivation during the 1990’s recession but much smaller increases in 2008-2010. While increases in non-employment contributed to increasing poverty in the 1990’s, the temporary poverty increase 2008-2010 was entirely due to growing poverty among non-employed. Relative poverty has increased with little variation across business cycles. Outflow from poverty and long-term poverty respond quickly to macro-economic recovery, but around one percent of the working-aged are quite resistant to such improvements.
Place, publisher, year, edition, pages
2016. Vol. 5, no 3
Poverty, Recessions, Income inequality, Sweden, Long-term poverty, Material deprivation
IdentifiersURN: urn:nbn:se:su:diva-126699DOI: 10.1186/s40174-016-0051-8OAI: oai:DiVA.org:su-126699DiVA: diva2:902717