Robust Poverty Comparisons and Marginal Policy Reform Orderings Under Income Variability

A method is proposed to provide robust poverty comparisons and robust evaluations of marginal policy reforms under income variability. Given that a household’s certainty equivalent income depends on both expected income and income variability, stochastic dominance tests are developed in order to deal simultaneously with both dimensions.

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Year of publication:	2003
Authors:	MAKDISSI, Paul ; WODON, Quentin
Institutions:	Département d'économique, Faculté d'administration
Subject:	Poverty \| Policy Reform \| Risk \| Stochastic Dominance

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Extent:	application/pdf
Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Notes:	17 pages
Classification:	H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; I32 - Measurement and Analysis of Poverty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005467355