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ASSESSMENT OF THE RISK OF MONETARY POVERTY IN POLISH HOUSEHOLDS

100%

Lisicka I.

Metody Ilościowe w Badaniach Ekonomicznych

2013

vol. 14

issue 1

334-341

Traditionally, the financial status of households is ascribed by categorizing them as either poor or nonpoor. This study does not make use of such categorization when assessing monetary poverty. Instead, it employs elements of the theory of fuzzy sets. Thus, each household was given a value from the interval [0,1] that indicated the degree of financial poverty according to its equivalised income. The analysis was based on data from household budget survey conducted by the Central Statistical Office in 2010.

Determinants of poverty – binary logit model with interaction terms approach

63%

Dudek H., Lisicka I.

Econometrics. Ekonometria. Advances in Applied Data Analytics

2013

issue 3(41)

65-77

The problem of monetary aspect of welfare in employees’ household was undertaken in this paper. In order to identify the households in danger of poverty, the binary logit models approach was applied. It was found that the estimation of models without the interaction terms results in misspecification error. Due to this, the interaction terms, between the socio-economic factors of households were included in the model. The obtained results can have significant importance in the aspect of social policy in Poland.

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1 Econometrics. Ekonometria. Advances in Applied Data Analytics

1 Metody Ilościowe w Badaniach Ekonomicznych

2 Lisicka I.

1 Dudek H.

2 2013

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ASSESSMENT OF THE RISK OF MONETARY POVERTY IN POLISH HOUSEHOLDS

Determinants of poverty – binary logit model with interaction terms approach