Perception of poverty. Individual, household and social enviromental determinants
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This paper aims to show to what extent self-perception of poverty is affected by respondent/household
socio-economic characteristics and by social capital endowment of household place of residence
in order to disclose the primary risk factors of family poverty status. Such evidence would
help central and local government to define those economic and social goals which should receive
more attention by current policies with the purpose of advancing towards the eradication of poverty.
In order to purse this aim the logit model has been applied to analyze answers to the dichotomous
transformation of the following question taken from the 2008 Survey on Household Income and
Wealth (SHIW) of the Bank of Italy CONSIDERING YOUR MONTHLY DISPOSABLE INCOME, IS YOUR HOUSEHOLD
ABLE TO MAKE ENDS MEET: (1) WITH GREAT DIFFICULTY, (2) WITH DIFFICULTY, (3) WITH SOME DIFFICULTY,
(4) WITHOUT DIFFICULTY, (5) WITH EASE, (6) WITH GREAT EASE? The results show a relevant effect
on self-perception of poverty of both respondent /household socio-economic characteristics and
social capital. In particular, the components social relationships and social engagement contribute
to reduce the risk of a self-perceived poverty. Actually, networks characterized by relationships of
trust are key determinants of human welfare as people socio-economic vulnerability is reduced as
well as the resources they need only for the fact that they must deal with risk and avert major
losses.
Keywords: Self-perception of Poverty, Social Capital, Household Socio-Economic Characteristics, Policy-Makers |
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