This paper analyses the pattern and determinants of income risk and expectation in rural India. It uses unique primary survey data eliciting subjective income distribution from households in twelve villages in Bihar. It finds that expected future income is significantly and positively associated...

This study examines the heterogeneous effect of income diversification on Vietnamese household welfare measured by total income and consumption expenditure. In the analysis, we use quantile regression for both pooled and cross-sectional data across regions. The effects from Simpson's diversity...