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Author Lokshin, Michael.

Title Short-lived shocks with long-lived impacts? [electronic resource] : household income dynamics in a transition economy / Michael Lokshin and Martin Ravallion.

Published Washington, DC : World Bank, Development Research Group, Poverty and Human Resources, [2000]


Location Call No. Status
Series Policy research working paper ; 2459
Policy research working papers ; 2459.
World Bank e-Library.
Notes "October 2000"--Cover.
Title from title screen as viewed on Oct. 05, 2002.
Bibliography Includes bibliographical references (p. 18-20).
Summary 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.
Other formats Also available in print.
Other author Ravallion, Martin.
World Bank. Development Research Group. Poverty and Human Resources.
Subject Equilibrium (Economics) -- Econometric models.
Income -- Hungary -- Econometric models.