Household Spending in Britain: What Can It Teach Us about Poverty?

by Alissa Goodman, Mike Brewer, Andrew Leicester

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...

• Format: Paperback
• Language: English
• ISBN: 1861348541
• ISBN13: 9781861348548
• Release Date: April 2006
• Publisher: Policy Press
• Length: 48 Pages