HIGHLIGHTS
- who: RICKY KANABAR et al. from the individuals in the UK Institute for Social and Economic Research, University of Essex, Colchester , SQ, United Kingdom of have published the research work: In or out? Poverty dynamics among older individuals in the UK, in the Journal: (JOURNAL)
- what: The research shows that whilst Pension Credit helps boost income for the poorest pensioners there are also income and substitution effects which may affect saving for retirement. Arulampalam and Stewart suggest that the main reason economists use dynamic binary choice (random effects) models is to capture state dependence. Nonetheless . . .
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