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Title: Comparing the Performance of Monthly Poverty Measures

Citation Type: Miscellaneous

Publication Year: 2022

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Abstract: Official poverty estimates for the United States are presented annually and are reported with a considerable lag. The COVID-19 pandemic highlighted the problematic nature of this lag, prompting researchers to develop methods to provide more timely estimates of poverty that could be used to understand economic need, and the impact of the government’s response, in closer to real time. One monthly poverty measure, introduced in Parolin, Curran, Matsudaira, Waldfogel, and Wimer (2022; hereafter PCMWW), provides monthly estimates of poverty based on a family unit’s likely monthly income. A separate measure, introduced in Han, Meyer, and Sullivan (2020; hereafter HMS), produces monthly updates of annual poverty estimates based on a survey question asking individuals about their families’ total cash income over the past 12 months.

Url: https://povertycenter.columbia.edu/sites/povertycenter.columbia.edu/files/content/Publications/Comparing-Monthly-Poverty-Measures-CPSP-2022.pdf

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Authors: Parolin, Zachary; Collyer, Sophie; Curran, Megan; Matsudaira, Jordan; Waldfogel, Jane; Wimer, Christopher

Publisher: Center on Poverty and Social Policy

Data Collections: IPUMS CPS

Topics: Poverty and Welfare

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