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Persistent link: https://www.econbiz.de/10013425300
Relying on a Constant Relative Risk Aversion utility function, we use panel data for Argentina to compute risk …-adjusted income and poverty measures and to analyze their determinants. Taking risk into account increases poverty. The regression …
Persistent link: https://www.econbiz.de/10010746011
This paper studies poverty as a dynamic phenomenon, motivated by the recurring economic crises that affect developing countries and the incidence of income fluctuations on household welfare. While the increasing availability of household panel data has been exploited in theoretical analysis and...
Persistent link: https://www.econbiz.de/10010746722
networks and require interventions to help them cope with risk …
Persistent link: https://www.econbiz.de/10011071240
This paper proposes an approach to estimating the relation between risk (conditional variance) and expected returns in … proxy for the volatility in estimating the risk-return relation. Third, our estimation strategy involves the Generalized …
Persistent link: https://www.econbiz.de/10011071360