MAKDISSI, Paul; WODON, Quentin; Cruces, Guillermo - Département d'économique, Faculté d'administration - 2003
This paper shows how to take into account risk aversion when measuring poverty under income variability. An application … households are sensitive to assumptions on the degree of risk aversion. The results point to the importance of panel data in … order to account for risk aversion and income variability in the measurement of poverty. …