Staying afloat: Income and poverty determinants for Southern Maine
Summary :
Table of Contents
- Introduction and motivation.
- Brief literature review.
- Conceptual or Theoretical framework.
- Data discussion and descriptive analysis.
- Econometric models, estimation methods, and specification testing.
- Econometric results.
- Policy implications, recommendations, and conclusions.
Abstract
In this study I will be looking at data from the southern maine subset within the 2000 United States Census. This sample includes a 5% random sampling of the residents of Androscoggin, Cumberland, Kennedy, Lincoln, Sagadahoc, and York counties. The data that I will use comes from Integrated Public Use Microdata Series database for the United States (IPUMS-USA) compiled by the Minnesota Population Center. for the purposes of this report, I will consider every individual within the 5% sample as the sole representative of a distinct family, and, accordingly, limit my data set to those between the ages of 18 and 65. The focus of the study is to find first what the determinants are of total family income, and, next, if the same factors are able to explain whether a family lives below the poverty threshold. I will attempt to locate any explanatory factors such as education, race, gender, age, marital status, hours worked, etc. that may possibly account for the disparities in family income and status in regard to the poverty line.
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