Subjective poverty in Europe: the role of household socioeconomic characteristics and social capital

Giuseppina Guagnano, Elisabetta Santarelli and Isabella Santini
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Isabella Santini: Department of Methods and Models for Economics, Territory and Finance MEMOTEF, Sapienza University of Rome (Italy)

No 113/13, Working Papers from Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF

Abstract: This paper aims to show to what extent self-perceived poverty in Europe is associated with specific household socioeconomic characteristics and particular aspects of household/ community social capital endowment in order to disclose the primary risk factors of family poverty status. Such evidence would help central and local governments to define those economic and social goals which should receive more attention by policies aiming at poverty eradication. In particular, the paper focuses on the associations between a proxy of subjective poverty (Ability to make ends meet) and two sets of variables describing, respectively, the household socioeconomic characteristics and the household/community social capital endowment. In order to pursue this aim, a multiple correspondence analysis (MCA) is carried out . The empirical analysis is based on the 2008 EU-SILC survey and the Eurostat statistic database. The results show a relevant association between self-perceived poverty and both household socioeconomic characteristics and social capital. Implications for public policies are also discussed.

Keywords: subjective poverty; household; socioeconomic characteristics; social capital; public policies; EU-SILC. (search for similar items in EconPapers)
JEL-codes: D10 I32 I38 (search for similar items in EconPapers)
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Citations: View citations in EconPapers (3)

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