Showing 1 - 10 of 102
Several studies have found that the cross-section of stock returns reflects a risk premium for bearing downside risk …; however, existing measures of downside risk have poor power for predicting returns. Therefore, this paper proposes a novel … measure of downside risk, the ES-implied beta, to improve the prediction of the cross-section of asset returns. The ES …
Persistent link: https://www.econbiz.de/10012865419
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its … reconstruction process at the household level, this risk assessment provides new insights into disaster risks in the Philippines …
Persistent link: https://www.econbiz.de/10012893747
screen out high credit risk and potentially increase access to credit for small business owners in Peru. The analysis uses …. The paper finds that the psychometric test can lower the risk of the loan portfolio when used as a secondary screening … credit history?using the Entrepreneurial Finance Lab tool can increase access to credit without increasing portfolio risk …
Persistent link: https://www.econbiz.de/10012970534
The dramatic expansion of mobile phone use in developing countries has given rise to a rich and largely untapped source of information about the characteristics of communities and regions. Call Detail Records (CDRs) obtained from cellular phones provide highly granular real-time data that can be...
Persistent link: https://www.econbiz.de/10012962320
This paper constructs and tests the robustness of consistently measured poverty trends in the Islamic Republic of Iran after 2008, using international poverty lines based on U.S. dollars at 2011 purchasing power parity. The constructed estimates reveal three distinct periods of welfare in the...
Persistent link: https://www.econbiz.de/10012967893
burden. This study tests six alternative methods of crop residue coverage measurement among the same sample of rural … remote sensing methods perform equally well. Among survey-based methods, the strongest correlates of measurement errors are … total farm size, field size, distance, and slope. The results deliver a ranking of measurement options that can inform …
Persistent link: https://www.econbiz.de/10012967914
Proxy means test (PMT) poverty targeting tools have become common tools for beneficiary targeting and poverty assessment where full means tests are costly. Currently popular estimation procedures for generating these tools prioritize minimization of in-sample prediction errors; however, the...
Persistent link: https://www.econbiz.de/10012967932
The performance of the Simple Poverty Scorecard is compared against the performance of established regression-based estimators. All estimates are benchmarked against observed poverty status based on household expenditure (or income) data from household socioeconomic surveys that span nearly a...
Persistent link: https://www.econbiz.de/10012968209
Little is known about innovation in developing countries, partly because of the lack of comparable and reliable data. Collecting data on firm-level innovation is challenging because of the subjective definition of what determines an innovation, a problem that is exacerbated in developing...
Persistent link: https://www.econbiz.de/10012968760
Measuring poverty requires adjusting nominal consumption (or income) into a real value of consumption, across geographic areas and over time. To this end, data on consumer prices are used to construct a price index. There are a range of approaches to do this, from using the consumer price index,...
Persistent link: https://www.econbiz.de/10012969416