1 option
Short-Lived Shocks with Long-Lived Impacts? : Household Income Dynamics in a Transition Economy / Michael Lokshin, Martin Ravallion.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Lokshin, Michael, author.
- Ravallion, Martin, author.
- Language:
- English
- Subjects (All):
- Equilibrium (Economics)--Econometric models.
- Equilibrium (Economics).
- Physical Description:
- 1 online resource (26 pages)
- Other Title:
- Short-lived shocks with long-lived impacts?
- Policy research working paper vol. 2459
- Place of Publication:
- Washington, DC : World Bank, 2000.
- Summary:
- In theory it is possible that a vulnerable household will never recover from a sufficiently large but short-lived shock to its income, which could explain the persistent poverty that has emerged in many transition economies. But this study for Hungary shows that, in general, households bounce back from transient shocks, although not rapidly.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Includes bibliographical references and index.
- Publisher Number:
- 10.1596/1813-9450-2459
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.