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Journal Article

Poverty measurement under risk aversion using panel data

Authors

Publication date

2004

Abstract

This paper shows how to take into account risk aversion when measuring poverty under income variability. An application to British panel data suggests that income and poverty comparisons between the self-employed and other groups of 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.

Published in

Contributions to Economic Analysis and Policy

Volume

3 (1):[Article 13]

Subjects

Poverty, Income Dynamics, and Wages And Earnings

Links

http://ideas.repec.org/a/bep/eapcon/v3y2004i1p1194-1194.html

#508141


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