Notes: The authors appreciate the comments of Professor Klasen, the editor of this journal, and two anonymous referees, which improve the article greatly. The work of the first author was supported in part by a Grant-in-Aid for Scientific Research (No.22530203) from the Japan Society for the Promotion of Science (JSPS), while that of the first and second authors was supported in part by a Grant-in-Aid for Scientific Research (No.21530203) from the JSPS. The Japanese General Social Surveys (JGSS) are designed and carried out by the JGSS Research Center at Osaka University of Commerce (Joint Usage/Research Center for Japanese General Social Surveys accredited by the Minister of Education, Culture, Sports, Science and Technology), in collaboration with the Institute of Social Science at the University of Tokyo.
Self-Assessed Social Position and Poverty
Version of Record online: 16 APR 2013
© 2013 International Association for Research in Income and Wealth
Review of Income and Wealth
Volume 60, Issue 3, pages 571–595, September 2014
How to Cite
Hasegawa, H. and Ueda, K. (2014), Self-Assessed Social Position and Poverty. Review of Income and Wealth, 60: 571–595. doi: 10.1111/roiw.12036
- Issue online: 25 JUL 2014
- Version of Record online: 16 APR 2013
- Japan Society for the Promotion of Science (JSPS). Grant Numbers: No.22530203, No.21530203
- Markov chain Monte Carlo (MCMC);
- multivariate ordered probit model;
- ordinal explanatory variables
In this article, we use microlevel data extracted from the 2006 Japanese General Social Surveys to analyze the relationships between self-assessed social position and socioeconomic factors such as income and poverty. We provide the posterior results of the estimation of the Bayesian multivariate ordered probit model and propose an inequality measure for self-assessed social position on the basis of the posterior results. We call the inequality measure “regret” and show that the distributions of regret differ for people above and below the poverty line.