caa a22 4500 445389079 CHVBK 20180317143041.0 cr unu---uuuuu 170323e20110301xx s 000 0 eng 10.1007/s10888-010-9135-2 doi (NATIONALLICENCE)springer-10.1007/s10888-010-9135-2 Azpitarte Francisco STICERD—London School of Economics and Political Science, Houghton Street, WC2A-2AE, London, UK aut Measurement and identification of asset-poor households: a cross-national comparison of Spain and the United Kingdom [Elektronische Daten] [Francisco Azpitarte] This paper is concerned with the analysis of the wealth dimension of poverty in developed countries, which cannot be measured by means of information on household income. We focus on identifying the group of households that lack enough wealth holdings to sustain them during a period of economic crisis in order to quantify asset poverty, and its demographic weight, in two industrialized countries with particularly different household demographics and saving attitudes such as Spain and the United Kingdom. Our results show that the age profile of the asset poor is remarkably similar in the two countries. In both it is individuals in households whose head is under 45years old who are more likely to be asset poor. However, some country-specific differences also arise. For instance, the incidence of wealth poverty in the United Kingdom is about twice that of Spain. Using counterfactual analysis we find that, although the different household demographics clearly contribute importantly to this result, there remains a significant part of the asset-poverty gap which is not explained by this relevant factor. Springer Science+Business Media, LLC., 2010 Wealth nationallicence Vulnerability nationallicence Asset-poverty nationallicence The Journal of Economic Inequality Springer US; http://www.springer-ny.com 9/1(2011-03-01), 87-110 1569-1721 9:1<87 2011 9 10888 https://doi.org/10.1007/s10888-010-9135-2 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10888-010-9135-2 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Azpitarte Francisco STICERD—London School of Economics and Political Science, Houghton Street, WC2A-2AE, London, UK aut NATIONALLICENCE 773 0- The Journal of Economic Inequality Springer US; http://www.springer-ny.com 9/1(2011-03-01), 87-110 1569-1721 9:1<87 2011 9 10888 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer