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Details for article 19 of 30 found articles
| Title: |
Risk-adjusted poverty in Argentina: measurement and determinants |
| Author: |
Cruces, Guillermo Wodon, Quentin |
| Appeared in: |
The journal of development studies |
| Paging: | Volume 43 (2007) nr. 7 pages 1189-1214 |
| Year: |
2007-10 |
| Contents: |
This paper presents a methodology for adjusting measures of income and poverty for the risk faced by a household. The approach draws on the standard economic concept of risk aversion, and it is based on the intuition that households will prefer a steady stream of income to a variable one with the same mean. Relying on a Constant Relative Risk Aversion utility function, we use panel data for Argentina to compute risk-adjusted income and poverty measures. At the aggregate level, we find that taking risk into account substantially increases the poverty headcount. Moreover, a regression analysis suggests that many household characteristics are correlated not only with the average income of the household over time, but also with its variability. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 19 of 30 found articles
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