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 analysis suggests that many household characteristics...

Evaluation of the poverty impact and targeting performance of a given social program may depend on how other programs are treated in the analysis. Using well-known results from cooperative game theory, this paper proposes an empirically simple yet theoretically sound method for allocating...