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Project Citation: 

Garner, Thesia, Matsumoto, Brett, and Schild, Jake. Code for “Building a Consumption Poverty Measure: Initial results following recommendations of a federal interagency working group.” Nashville, TN: American Economic Association [publisher], 2022. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-05-10. https://doi.org/10.3886/E169841V1

Project Description

Summary:  View help for Summary Consumption is a well-being measure that is determined by a combination of resources (e.g., income, in-kind benefits, assets, debt, time) available households, their circumstances, and their preferences. In this study, we derive consumption poverty statistics using a consumption measure that includes the flow of services from owner occupied housing and vehicles and in-kind transfers. The base data are from the U.S. Consumer Expenditure Survey Interview from 2015 through 2020.  The consumption poverty rate (using an absolute threshold anchored to the 2015 relative consumption poverty rate) declines from 16.8 percent in 2015 to 11.5 percent in 2020.

Scope of Project

Subject Terms:  View help for Subject Terms Consumption; Poverty; U.S. Consumer Expenditure Survey
JEL Classification:  View help for JEL Classification
      D12 Consumer Economics: Empirical Analysis
      I32 Measurement and Analysis of Poverty
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 2015 – 2020
Universe:  View help for Universe U.S. Households

Methodology

Data Source:  View help for Data Source U.S. Consumer Expenditure Survey
Unit(s) of Observation:  View help for Unit(s) of Observation Consumer Units

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