Short-lived shocks with long-lived impacts? household income dynamics in a transition economy / Michael Lokshin and Martin Ravallion
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 f...
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| Format: | eBook |
| Language: | English |
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Washington, DC
World Bank, Development Research Group, Poverty and Human Resources
2000
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| Series: | Policy research working paper
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| 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 |
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| Item Description: | "October 2000"--Cover. - Includes bibliographical references (p. 18-20). - Title from title screen as viewed on Oct. 05, 2002 |