"The sequence of events (birth, death, marriage, moving together or away from other household members) which characterise the formation, growth and disappearance of a household. The household’s likelihood of being in poverty is related to its position in the household life cycle".
Source: Chronic Poverty Research Centre. 2005. "Chronic Poverty Report 2004-05". Chronic Poverty Research Centre. <http://www.chronicpoverty.org/uploads/publication_files/CPR1_appendices.pdf>. Accessed 27 October 2020.