Short-Lived Shocks with Long-Lived Impacts? Household Income Dynamics in a Transition Economy
In theory, it is possible that the persistent poverty that has emerged in many transition economies, is attributable to underlying, non-convexities in the dynamics of household incomes - such that a vulnerable household will never recover from a sufficiently large, but short-lived shock to its incom...
| Main Authors: | , |
|---|---|
| Format: | Publications & Research |
| Language: | en_US |
| Published: |
World Bank, Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/21298 |