analysis shows that shocks and household coping behavior help to explain the observed poverty dynamics. The single low …

We examine whether the experience of shocks influences individual risk attitude. We measure risk attitude via a simple … survey item, compiled among more than 4,000 households in Thailand and Vietnam. The experience of adverse shocks, which is … set of socio-demographic variables. Therefore, shocks perpetuate vulnerability to poverty via their effect on risk …

asymmetric national output shocks. The welfare implications are deduced both analytically and with the use of simulations. In a …

this equation is the response function of the economy to isolated shocks, hence that it can be used to detect large and … small shocks, including those which do not lead to a recession; we also discuss its predictive power. Finally, a two …

an important indicator of vulnerability during economic shocks. …

to carry out counter-cyclical macroeconomic policy. This paper also analyzes the effects of monetary and fiscal shocks on …