Working Poverty and Its Dimensions

Abstract

Working Poverty and Its Dimensions The importance of working poverty increased in 2003, owing to the European strategy in which one of the goals was to reduce the number of working people in poverty in the EU. Despite its seriousness, experts have not achieved a uniform theoretical model or definition. The situation is the same for methodology and empirics, which are determined by availability of statistical data. For these reasons, knowledge of working poverty is in its infancy. Therefore, we set a goal to take into account findings from past research into working poverty in the world, focusing primarily on the situation in Slovakia. Based on EU SILC 2016 data, we created our own model of variables in which we assumed that they determine the genesis and manifestations of working poverty in its particular structural components and we measured their intensity using the logistic regression and the decision tree model.