This paper discusses why Nicaragua is today one of the poorest countries in the region of Latin America and the Caribbean. Lack of sustained economic growth is viewed as the main cause of poverty in the country. The effects of political conflicts on the breaks of the long term growth path are...

This paper introduces a new approach for measuring vulnerability to poverty, using the standard downside mean-semideviation as a risk parameter. We identify vulnerability by comparing the uncertain outcomes of household well-being with poverty line in a mean-risk behavior framework.

Este documento es una nota metodológica orientada a ayudar a resolver dos problemas prácticos que deben enfrentar típicamente los usuarios no especializados del programa de ajuste estacional X-12-ARIMA: (i) determinar si hay evidencia estadística de la existencia de estacionalidad en la...

In this paper, using cross sectional data and following the methodology proposed by Chaudhuri et al. (2002), an estimation of household vulnerability to poverty in Nicaragua is made. The household vulnerability is assessed as the probability that the expected value of the logarithm of...