Short-lived shocks with long-lived impacts?
household income dynamics in a transition economy / Michael Lokshin and Martin Ravallion.
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Author
Contributions
- Ravallion, Martin. - Contributor
- World Bank. Development Research Group. Poverty and Human Resources. - Contributor
Publication
2000 - World Bank, Development Research Group, Poverty and Human Resources, Washington, DC, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Open LibraryOL3669341M
- Library of Congress Control Number2002616178
Classifications
- LCCHG3881.5.W57
Description
In theory it is possible that a vulnerable household will never recover from a sufficiently large but short-lived shock to its income, which could explain the persistent poverty that has emerged in many transition economies. But this study for Hungary shows that, in general, households bounce back from transient shocks, although not rapidly.
Subjects
Topics
IncomeEconometric modelsEquilibrium (Economics)Income -- Hungary -- Econometric modelsEquilibrium (Economics) -- Econometric models
Places
Genres
- Econometric models
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