87-110

• Λυμπεράκη, Αντιγόνη
• Τήνιος, Πλάτων
• Γεωργιάδης, Θωμάς

This study fleshes out the picture of poverty and the poor in Greece, present¬ing findings with important implications for the Greek social inclusion strategy. Assessing poverty using both monetary and non-monetary dimensions of well¬being it becomes evident that, for certain population groups, poverty risk is as¬sociated with deprivation risk (multidimensional nature of poverty). Focusing on the age dimension, the stochastic dominance analysis indicates that old age in¬come poverty in Greece appears to be remarkably robust and is not simply due to the choice of poverty lines. Moreover, what is at work statistically is that old age income has an effective ‘floor’ which is constraining inequality among the poor. Such a floor is not evident in the case of the younger group whose distribution of income below the poverty line is much more dispersed. These findings support the argument that much of the effect of the old age poverty alleviation policies over the ten last years in Greece is concentrated on the formation of ‘an effective floor’ for the elderly population rather than on decreasing poverty rates.

• Economics and Business
• Social Sciences

• Κοινωνικές επιστήμες
• Employment (Economic theory)
• Statistics

poverty, composite deprivation index, stochastic dominance analysis

Περιέχει πίνακες, διαγράμματα, παράρτημα και βιβλιογραφία, The authors would like to acknowledge valuable comments on earlier drafts received from: Sergio Perelman, Clive Richardson and Panos Tsakloglou. Any remaining errors are the author΄s own responsibility., JEL Classification: 131, 132