Poverty Measurement Under Risk Aversion Using Panel Data
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.
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| Length: | 24 pages |
| Date of creation: | 2003 |
| Handle: | RePEc:shr:wpaper:03-06 |
| Contact details of provider: | Postal: Sherbrooke, Québec, J1K 2R1 Phone: (819) 821-7233 Fax: (819) 821-6930 Web page: http://www.gredi.org/home/documents-de-travail Email: More information through EDIRC
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References listed on IDEAS
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