Poverty Measurement Under Risk Aversion Using Panel Data

Paul Makdissi (), Quentin Wodon and Guillermo Cruces

Cahiers de recherche from Departement d'économique de l'École de gestion à l'Université de Sherbrooke

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.

Keywords: Poverty; Risk; Self-employment; Panel data (search for similar items in EconPapers)
JEL-codes: D81 I32 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://gredi.recherche.usherbrooke.ca/wpapers/03_06_pm.pdf First version, 2003 (application/pdf)

Related works:
Journal Article: Poverty Measurement Under Risk Aversion Using Panel Data (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:shr:wpaper:03-06

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