Risk-adjusted poverty in Argentina: measurement and determinants
Includes bibliography
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2014
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oai-11362-51582020-03-06T16:50:27Z Risk-adjusted poverty in Argentina: measurement and determinants Cruces, Guillermo Antonio Wodon, Quentin NU. CEPAL. División de Desarrollo Económico ANALISIS DE REGRESION INGRESOS FAMILIARES MEDICION METODOLOGIA ESTADISTICA POBREZA RIESGO FAMILY INCOME MEASUREMENT POVERTY REGRESSION ANALYSIS RISK STATISTICAL METHODOLOGY Includes bibliography Abstract 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. 2014-01-02T15:43:42Z 2014-01-02T15:43:42Z 2006-11 Texto Documento Completo 9211216079 http://hdl.handle.net/11362/5158 LC/L.2589-P en Serie Financiamiento del Desarrollo 182 application/pdf ARGENTINA ARGENTINA ECLAC |
institution |
Cepal |
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Cepal |
language |
English |
topic |
ANALISIS DE REGRESION INGRESOS FAMILIARES MEDICION METODOLOGIA ESTADISTICA POBREZA RIESGO FAMILY INCOME MEASUREMENT POVERTY REGRESSION ANALYSIS RISK STATISTICAL METHODOLOGY |
spellingShingle |
ANALISIS DE REGRESION INGRESOS FAMILIARES MEDICION METODOLOGIA ESTADISTICA POBREZA RIESGO FAMILY INCOME MEASUREMENT POVERTY REGRESSION ANALYSIS RISK STATISTICAL METHODOLOGY Cruces, Guillermo Antonio Wodon, Quentin Risk-adjusted poverty in Argentina: measurement and determinants |
description |
Includes bibliography |
author2 |
NU. CEPAL. División de Desarrollo Económico |
author_facet |
NU. CEPAL. División de Desarrollo Económico Cruces, Guillermo Antonio Wodon, Quentin |
format |
Texto |
author |
Cruces, Guillermo Antonio Wodon, Quentin |
author_sort |
Cruces, Guillermo Antonio |
title |
Risk-adjusted poverty in Argentina: measurement and determinants |
title_short |
Risk-adjusted poverty in Argentina: measurement and determinants |
title_full |
Risk-adjusted poverty in Argentina: measurement and determinants |
title_fullStr |
Risk-adjusted poverty in Argentina: measurement and determinants |
title_full_unstemmed |
Risk-adjusted poverty in Argentina: measurement and determinants |
title_sort |
risk-adjusted poverty in argentina: measurement and determinants |
publisher |
ECLAC |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/5158 |
work_keys_str_mv |
AT crucesguillermoantonio riskadjustedpovertyinargentinameasurementanddeterminants AT wodonquentin riskadjustedpovertyinargentinameasurementanddeterminants |
_version_ |
1718441244063956992 |