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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Bibliographic Details
Main Authors: Lokshin, Michael (Author), Ravallion, Martin 1952- (Author)
Format: Electronic eBook
Language:English
Published: Washington, DC World Bank, Development Research Group, Poverty and Human Resources 2000
Series:Policy research working paper 2459
Subjects:
Online Access:Volltext
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
Item Description:"October 2000"--Cover. - Includes bibliographical references (p. 18-20). - Title from title screen as viewed on Oct. 05, 2002
Erscheinungsjahr in Vorlageform:[2000]
Weitere Ausgabe: Lokshin, Michael: Short-lived shocks with long-lived impacts?
Physical Description:1 Online-Ressource (32 Seiten)