Sustainable Household Income in EU Countries Ensuring a Life Out of Poverty-Reference-Cited by-同舟云学术

Sustainable Household Income in EU Countries Ensuring a Life Out of Poverty

Published:2024-06-01 Issue:2 Volume:15 Page:153-165
ISSN:1804-8285
Container-title:DANUBE
language:en
Short-container-title:

Author:

Baláková Irena¹,Švecová Veronika¹,Ulbrichová Sabina¹,Stávková Jana¹

Affiliation:

1. Mendel University in Brno , Zemědělská 1, 613 00 Brno , Czech Republic .

Abstract

Abstract The identification of the structure of sustainable household disposable income in times of economic uncertainty is the aim of this paper. The research provides household income components in order to achieve a sustainable income ensuring life out of poverty. The analyses were based on the EU-SILC 2020 database of primary data (N = 232,816 EU households). The binary logistic regression verified that households capable of generating savings have the highest chances of achieving a sustainable income. There is also a positive influence of the investment income (interests, dividends, rental income), but with a lower impact than expected. On the contrary, the presence of social transfers in income reduces the likelihood of sustainable income. Social income is beneficial to households in poverty but it is essential to ensure that it is properly targeted.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/danb-2024-0009

Reference43 articles.

1. Achar, C., So, J., Agrawal, N., Duhachek, A. (2016). What We Feel and Why We Buy: The Influence of Emotions on Consumer Decision-making. Current Opinion in Psychology, 10, 166–170.

2. Bartošová, J., Bína, V. (2018). Differences in income distribution given by the structure of household. Mathematical Methods in Economics, 19–24.

3. Bonatti, G., Ivaldi, E., Soliani, R. (2017). Quality of life in Italian cities: a temporal comparison between before the crisis and after. International Journal of Social Economics, 44(4), 560–574.

4. Branyiczki, R. (2015). Employment, education and other means of reducing poverty. Brussels: European Commission.

5. Burlacu, M. (2016). The Population’ Income, Expenses and Savings as Descriptive Aspects of the Standard of Living. Ovidius University Annals: Series Economic Sciences, 16(2), 175–180.