The Distribution of Income Shocks during Crises : An Application of Quantile Analysis to Mexico, 1992-95
Moving beyond the simple comparisons of averages typical of most analyses of household income shocks, this article employs quantile analysis to generate a complete distribution of such shocks by type of household during the 1995 crisis in Mexico. I...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/05/17742607/distribution-income-shocks-during-crises-application-quantile-analysis-mexico-1992-95-vol-201-1 http://hdl.handle.net/10986/17159 |
| Summary: | Moving beyond the simple comparisons of
averages typical of most analyses of household income
shocks, this article employs quantile analysis to generate a
complete distribution of such shocks by type of household
during the 1995 crisis in Mexico. It compares the
distributions across normal and crisis periods to see
whether observed differences were due to the crisis or are
intrinsic to the household types. Alternatively, it asks
whether the distribution of shocks during normal periods was
a reasonable predictor of vulnerability to income shocks
during crises. It finds large differences in the
distribution of shocks by household types both before and
during the crisis but little change in their relative
positions during the crisis. The impact appears to have been
spread fairly evenly. Households headed by people with less
education (poor), single mothers, or people working in the
informal sector do not appear to experience disproportionate
income drops either in normal times or during crises. |
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