Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) LSE RSS Contact Us YouTube Twitter


DARP Paper
Risk-Adjusted Poverty in Argentina: Measurement and Determinants
Guillermo Cruces and Quentin Wodon
September 2003
Paper No' DARP 072:
Full Paper (pdf)

Tags: risk; poverty; argentina.

Relying on a Constant Relative Risk Aversion utility function, we use panel data for Argentina to compute risk-adjusted income and poverty measures and to analyze their determinants. Taking risk into account increases poverty. The regression analysis suggests that many household characteristics are correlated not only with the average income of the household over time, but also with income variability.