Short-lived shocks with long-lived impacts?
Subtitle: household income dynamics in a transition economy / Michael Lokshin and Martin Ravallion.
Contributors: Ravallion, Martin.; World Bank. Development Research Group. Poverty and Human Resources.
Series: Policy research working paper ;; 2459; Policy research working papers (Online) ;; 2459.
Publisher: World Bank, Development Research Group, Poverty and Human Resources
Published: 2000
Place of publication: Washington, DC
Language: eng
Format: Electronic resource
Subjects: Income -- Hungary -- Econometric models.; Equilibrium (Economics) -- Econometric models.
Genres: Econometric models.
Description: 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: Includes bibliographical references (p. 18-20).
Title from title screen as viewed on Oct. 05, 2002.
"October 2000"--Cover.
Also available in print.
Mode of access: World Wide Web.